AGITO GROUP AS: årsregnskap 2004 vs 2003
Returned to profit
Summary
What changed
Comparing Årsregnskap 2004 with 2003 for AGITO GROUP AS. Net result -17.8k NOK → +111 NOK. Equity -155.5k NOK → -163.6k NOK.
On the constructive side: turned profitable. Pressures included: operating result weakened; 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
Operating result
+17.8k NOK
-8 082 NOK
-145.5%
Net result
-17.8k NOK
+111 NOK
+100.6%
Equity
-155.5k NOK
-163.6k NOK
-5.2%
Total assets
18.1k NOK
14.5k NOK
-20.0%
What improved
-
↑
Turned profitable
Net result flipped from a loss of 17.8k NOK to a profit of 111 NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +17.8k NOK → -8 082 NOK. Calculated
-
↓
Equity eroded
Book equity -155.5k NOK → -163.6k NOK (equity ratio -859.5% → -1129.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1129.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation