AGILIA AS: årsregnskap 2013 vs 2012
Grew 11% on revenue, cash halved-plus
approved 2014-02-13; registry 2014-04-01; journal 2014 335580
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGILIA AS. Revenue 121.9k NOK → 135.2k NOK (+11.0%). Equity 12.31m NOK → -31.49m NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGILIA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 121.9k NOK to 135.2k NOK (+11.0% YoY). Calculated
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↑
Operating result improved
Operating result +7.53m NOK → +11.12m NOK (op. margin 6179.6% → 8225.4%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 12.31m NOK → -31.49m NOK (equity ratio 26.2% → -46.0%). Calculated
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↓
Cash fell
Bank deposits 42.24m NOK → 4.09m NOK (-90.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -46.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (42.24m NOK → 4.09m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 94.84m NOK → 11.10bn NOK (77835% → 8211156% of revenue). Calculated