FirmaIQ
Org.nr 982 194 881 2012 → 2013 Year-over-year analysis

AGIO VENTURE AS: årsregnskap 2013 vs 2012

Grew 40% on revenue, slipped into loss

approved 2014-06-11; registry 2014-06-25; journal 2014 507122

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGIO VENTURE AS. Revenue 9 375 NOK → 13.1k NOK (+40.0%). Net result +856 NOK → -1 765 NOK. Equity -273.9k NOK → -275.7k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: fell into a net loss; 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
9 375 NOK 13.1k NOK
+40.0%
Operating result
+857 NOK +1 766 NOK
+106.1%
Net result
+856 NOK -1 765 NOK
-306.2%
Equity
-273.9k NOK -275.7k NOK
-0.6%
Cash
8 993 NOK 8 493 NOK
-5.6%
Total assets
11.9k NOK 11.6k NOK
-3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 9 375 NOK to 13.1k NOK (+40.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +857 NOK → +1 766 NOK (op. margin 9.1% → 13.5%). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 856 NOK profit to a loss of 1 765 NOK. Calculated

  • ↓

    Equity eroded

    Book equity -273.9k NOK → -275.7k NOK (equity ratio -2296.9% → -2386.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2386.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation