AGITO AS: årsregnskap 2011 vs 2010
Grew 51% on revenue, returned to profit
approved 2012-03-07; registry 2012-03-12; journal 2012 313233
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AGITO AS. Revenue 5.37m NOK → 8.08m NOK (+50.5%). Net result -1.73m NOK → +987.1k NOK. Equity -1.47m NOK → -485.4k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGITO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.37m NOK to 8.08m NOK (+50.5% YoY). Calculated
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↑
Operating result improved
Operating result -1.17m NOK → +949.2k NOK (op. margin -21.8% → 11.7%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 1.73m NOK to a profit of 987.1k NOK. Calculated
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↑
Equity strengthened
Book equity -1.47m NOK → -485.4k NOK (equity ratio -62.2% → -16.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.98× → 1.24×. Calculated
What deteriorated
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↓
Cash fell
Bank deposits 153.8k NOK → 122.4k NOK (-20.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 178.9k NOK → 127.4k NOK (-28.8% YoY). Calculated