AGITO GROUP AS: årsregnskap 2008 vs 2007
Another loss-making year
approved 2009-06-30; registry 2009-08-27
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AGITO GROUP AS. Net result -17.6k NOK → -9 310 NOK. Equity -16.4k NOK → -25.7k 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
Operating result
-17.6k NOK
+172 NOK
+101.0%
Net result
-17.6k NOK
-9 310 NOK
+47.0%
Equity
-16.4k NOK
-25.7k NOK
-56.9%
Total assets
35.4k NOK
15.3k NOK
-56.6%
What improved
-
↑
Operating result improved
Operating result -17.6k NOK → +172 NOK. Calculated
-
↑
Net result improved
Net result -17.6k NOK → -9 310 NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity -16.4k NOK → -25.7k NOK (equity ratio -46.3% → -167.3%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -167.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation