AGIO VENTURE AS: årsregnskap 2004 vs 2003
Mixed movements in the accounts
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGIO VENTURE AS. Revenue 0 NOK → 89.0k NOK. Equity -153.9k NOK → -217.8k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGIO VENTURE AS.
At a glance
Scorecard
Revenue
0 NOK
89.0k NOK
—
Operating result
-74.1k NOK
-89.0k NOK
-20.1%
Equity
-153.9k NOK
-217.8k NOK
-41.5%
Total assets
216.2k NOK
137.8k NOK
-36.2%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 0 NOK to 89.0k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -74.1k NOK → -89.0k NOK. Calculated
-
↓
Equity eroded
Book equity -153.9k NOK → -217.8k NOK (equity ratio -71.2% → -158.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -158.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation