Org.nr 982 194 881 2009 → 2010 Year-over-year analysis

AGIO VENTURE AS: årsregnskap 2010 vs 2009

Mixed movements in the accounts

approved 2011-09-06; registry 2011-09-20; journal 2011 768200

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AGIO VENTURE AS. Revenue 26.0k NOK → 26.0k NOK (0.0%). Equity -219.9k NOK → -275.7k NOK.

Pressures included: operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGIO VENTURE AS.

Scorecard

Revenue
26.0k NOK 26.0k NOK
0.0%
Operating result
+8 644 NOK +722 NOK
-91.6%
Equity
-219.9k NOK -275.7k NOK
-25.4%
Cash
n/m 13.0k NOK
—
Total assets
87.6k NOK 15.9k NOK
-81.8%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +8 644 NOK → +722 NOK (op. margin 33.2% → 2.8%). Calculated

  • ↓

    Equity eroded

    Book equity -219.9k NOK → -275.7k NOK (equity ratio -250.9% → -1732.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1732.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 55.0k NOK → 1 NOK. Reported fact