AGITO GROUP AS: årsregnskap 2003 vs 2002
Stronger earnings
Summary
What changed
Comparing Årsregnskap 2003 with 2002 for AGITO GROUP AS. Net result -268.6k NOK → -17.8k NOK. Equity 137.7k NOK → -155.5k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGITO GROUP AS.
At a glance
Scorecard
Revenue
0 NOK
n/m
—
Operating result
-269.6k NOK
+17.8k NOK
+106.6%
Net result
-268.6k NOK
-17.8k NOK
+93.4%
Equity
137.7k NOK
-155.5k NOK
-212.9%
Total assets
16.0k NOK
18.1k NOK
+13.2%
What improved
-
↑
Operating result improved
Operating result -269.6k NOK → +17.8k NOK. Calculated
-
↑
Net result improved
Net result -268.6k NOK → -17.8k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 137.7k NOK → -155.5k NOK (equity ratio 861.9% → -859.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -859.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation