AGILE SOLUTIONS AS: årsregnskap 2010 vs 2009
Grew 395% on revenue, slipped into loss, cash halved-plus
approved 2011-02-02; registry 2011-03-23; journal 2011 318615
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGILE SOLUTIONS AS. Revenue 375.4k NOK → 1.86m NOK (+394.9%). Net result +6 657 NOK → -30.4k NOK. Equity 822.2k NOK → 791.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGILE SOLUTIONS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 375.4k NOK to 1.86m NOK (+394.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +5 586 NOK → -51.2k NOK (op. margin 1.5% → -2.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 6 657 NOK profit to a loss of 30.4k NOK. Calculated
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↓
Equity eroded
Book equity 822.2k NOK → 791.8k NOK (equity ratio 78.6% → 72.4%). Calculated
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↓
Cash fell
Bank deposits 919.4k NOK → 36.1k NOK (-96.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 4.53× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.03m NOK → 1.63m NOK (274% → 88% of revenue). Calculated