AGITERA AS: årsregnskap 2011 vs 2010
Grew 6% on revenue, weaker earnings, cash halved-plus
approved 2012-06-15; registry 2012-08-28; journal 2012 656031
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGITERA AS. Revenue 1.20m NOK → 1.28m NOK (+6.4%). Net result +327.2k NOK → +9 344 NOK. Equity 5.11m NOK → 102.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AGITERA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.20m NOK to 1.28m NOK (+6.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +239.5k NOK → +4 291 NOK (op. margin 20.0% → 0.3%). Calculated
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↓
Net result weakened
Net result +327.2k NOK → +9 344 NOK (net margin 27.3% → 0.7%). Calculated
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↓
Equity eroded
Book equity 5.11m NOK → 102.4k NOK (equity ratio 892.2% → 12.4%). Calculated
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↓
Cash fell
Bank deposits 334.3k NOK → 163.3k NOK (-51.2% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.88× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 3 864 NOK → 1.22m NOK (0% → 96% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 53.9k NOK → 6.15m NOK. Reported fact