AGIO AS: årsregnskap 2014 vs 2013
Stronger earnings
approved 2015-06-02; registry 2015-08-27; journal 2015 755504
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result +163.9k NOK → +337.3k NOK. Equity -1.59m NOK → -2.53m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
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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↑
Net result improved
Net result +163.9k NOK → +337.3k NOK (net margin 331.2% → 681.4%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +39.4k NOK → +32.6k NOK (op. margin 79.7% → 65.9%). Calculated
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↓
Equity eroded
Book equity -1.59m NOK → -2.53m NOK (equity ratio -49.6% → -109.4%). Calculated
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↓
Cash fell
Bank deposits 68.7k NOK → 66.3k NOK (-3.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -109.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2.56m NOK → 1.56m NOK. Reported fact