AGIO VENTURE AS: årsregnskap 2003 vs 2002
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGIO VENTURE AS. Revenue 2 991 NOK → 0 NOK (-100.0%). Equity 53.7k NOK → -153.9k NOK.
On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO VENTURE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -158.2k NOK → -74.1k NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2 991 NOK to 0 NOK (-100.0% YoY). Calculated
-
↓
Equity eroded
Book equity 53.7k NOK → -153.9k NOK (equity ratio 14.2% → -71.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -71.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 27.2k NOK → 0 NOK. Reported fact