AGITERA AS: årsregnskap 2008 vs 2007
Shrank 100% on revenue, stronger earnings
approved 2009-10-26; registry 2009-10-28
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGITERA AS. Revenue 867.0k NOK → 867 NOK (-99.9%). Net result -183.3k NOK → -55.8k NOK. Equity 84.7k NOK → 28.9k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AGITERA AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -183.9k NOK → -74.3k NOK (op. margin -21.2% → -8570.9%). Calculated
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↑
Net result improved
Net result -183.3k NOK → -55.8k NOK (net margin -21.1% → -6431.9%). Calculated
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↑
Payroll decreased
Salary cost 691.9k NOK → 8 163 NOK (80% → 942% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 867.0k NOK to 867 NOK (-99.9% YoY). Calculated
-
↓
Equity eroded
Book equity 84.7k NOK → 28.9k NOK (equity ratio 27.7% → 16.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 101.5k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation