AGITEL AS: årsregnskap 2015 vs 2014
Weaker earnings, cash halved-plus, fresh owner capital
approved 2016-05-30; registry 2016-06-13; journal 2016 507085
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGITEL AS. Revenue 257.5k NOK → 257.5k NOK (0.0%). Net result -58.5k NOK → -186.2k NOK. Equity -327.1k NOK → -513.3k NOK.
On the constructive side: owners injected capital. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGITEL AS.
At a glance
Scorecard
What improved
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↑
Owners injected capital
Paid-in equity rose 300 NOK → 300.0k NOK (+299.7k NOK). Reported fact
What deteriorated
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↓
Net result weakened
Net result -58.5k NOK → -186.2k NOK (net margin -22.7% → -72.3%). Calculated
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↓
Equity eroded
Book equity -327.1k NOK → -513.3k NOK (equity ratio -90.0% → -253.2%). Calculated
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↓
Cash fell
Bank deposits 219.9k NOK → 59.3k NOK (-73.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad -75.3k NOK → 1 089 NOK (+101.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -253.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation