Org.nr 990 047 804 2012 → 2013 Year-over-year analysis

AGITERA AS: årsregnskap 2013 vs 2012

Another loss-making year

approved 2014-10-10; registry 2014-10-20; journal 2014 866868

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGITERA AS. Net result -47.8k NOK → -44.5k NOK. Equity 54.6k NOK → 10.1k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGITERA AS.

At a glance

Revenue

1 277 NOK n/m

—

Operating result

-46.7k NOK -45.1k NOK

+3.5%

Net result

-47.8k NOK -44.5k NOK

+6.7%

Equity

54.6k NOK 10.1k NOK

-81.6%

Cash

38.7k NOK 44.2k NOK

+14.3%

Total assets

271.4k NOK 201.7k NOK

-25.7%

↑
Operating result improved

Operating result -46.7k NOK → -45.1k NOK. Calculated
↑
Net result improved

Net result -47.8k NOK → -44.5k NOK. Calculated
↑
Cash rose

Bank deposits 38.7k NOK → 44.2k NOK (+14.3% YoY). Calculated

↓
Equity eroded

Book equity 54.6k NOK → 10.1k NOK (equity ratio 20.1% → 5.0%). Calculated

·
Thin equity buffer

Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation