AGIO VENTURE AS: årsregnskap 2011 vs 2010
Shrank 6% on revenue
approved 2012-06-19; registry 2012-06-26; journal 2012 463442
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGIO VENTURE AS. Revenue 26.0k NOK → 24.4k NOK (-6.5%). Equity -275.7k NOK → -273.1k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: thin equity buffer. 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 +722 NOK → +3 574 NOK (op. margin 2.8% → 14.7%). Calculated
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↑
Equity strengthened
Book equity -275.7k NOK → -273.1k NOK (equity ratio -1732.5% → -2176.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.0k NOK to 24.4k NOK (-6.5% YoY). Calculated
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↓
Cash fell
Bank deposits 13.0k NOK → 9 609 NOK (-26.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2176.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation