AGIO AS: årsregnskap 2009 vs 2008
Slipped into loss
approved 2010-06-30; registry 2010-09-14; journal 2010 752223
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGIO AS. Revenue 0 NOK → 44.1k NOK. Net result +10.4k NOK → -1.98m NOK. Equity 136.1k NOK → -1.84m NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 44.1k NOK. Calculated
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↑
Operating result improved
Operating result -13.6k NOK → +34.1k NOK. Calculated
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↑
Cash rose
Bank deposits 37.2k NOK → 60.7k NOK (+63.1% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 10.4k NOK profit to a loss of 1.98m NOK. Calculated
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↓
Equity eroded
Book equity 136.1k NOK → -1.84m NOK (equity ratio 3.2% → -76.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -76.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.21m NOK → 2.34m NOK. Reported fact