AGIO AS: årsregnskap 2016 vs 2015
Cash halved-plus
approved 2017-05-26; registry 2017-07-20; journal 2017 745649
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGIO AS. Revenue 49.5k NOK → 49.5k NOK (0.0%). Net result +26.0k NOK → +27.9k NOK. Equity -2.51m NOK → -2.48m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; 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 +26.0k NOK → +27.9k NOK (net margin 52.5% → 56.4%). Calculated
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↑
Equity strengthened
Book equity -2.51m NOK → -2.48m NOK (equity ratio -108.8% → -147.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +25.8k NOK → +750 NOK (op. margin 52.0% → 1.5%). Calculated
-
↓
Cash fell
Bank deposits 916.6k NOK → 406.8k NOK (-55.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -147.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 837.7k NOK → 649.7k NOK. Reported fact