AGILITY AS: årsregnskap 2014 vs 2013
Shrank 15% on revenue, stronger earnings, cash halved-plus
approved 2015-06-24; registry 2015-07-07; journal 2015 570099
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGILITY AS. Revenue 496.66m NOK → 421.12m NOK (-15.2%). Net result -14.02m NOK → -3.50m NOK. Equity 61.49m NOK → 57.99m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGILITY AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -18.80m NOK → -648.0k NOK (op. margin -3.8% → -0.2%). Calculated
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↑
Net result improved
Net result -14.02m NOK → -3.50m NOK (net margin -2.8% → -0.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 496.66m NOK to 421.12m NOK (-15.2% YoY). Calculated
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↓
Equity eroded
Book equity 61.49m NOK → 57.99m NOK (equity ratio 20.1% → 24.2%). Calculated
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↓
Cash fell
Bank deposits 6.17m NOK → 23.0k NOK (-99.6% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.17m NOK → 23.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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COGS fell
COGS / varekostnad 267.73m NOK → 8.20m NOK (-96.9% YoY). Calculated
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Book investments changed
Investment / intangible book value 12.3k NOK → 12.27m NOK. Reported fact