AGIA INVEST AS: årsregnskap 2008 vs 2007
Another loss-making year
approved 2009-06-30; registry 2009-09-05
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGIA INVEST AS. Equity 3.34m NOK → 1.59m NOK.
Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGIA INVEST AS.
At a glance
Scorecard
Operating result
n/m
-60.0k NOK
—
Net result
n/m
-1.75m NOK
—
Equity
3.34m NOK
1.59m NOK
-52.4%
Total assets
4.05m NOK
2.79m NOK
-31.1%
What deteriorated
-
↓
Equity eroded
Book equity 3.34m NOK → 1.59m NOK (equity ratio 82.4% → 57.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.89× → 0.16× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 1.99m NOK → 2 008 NOK. Reported fact