AGITO GROUP AS: årsregnskap 2009 vs 2008
Another loss-making year
approved 2010-06-25; registry 2010-08-31; journal 2010 668673
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGITO GROUP AS. Net result -9 310 NOK → -11.9k NOK. Equity -25.7k NOK → -37.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net 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
What improved
-
↑
Current ratio back above 1×
Current ratio 0.37× → 3.00×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +172 NOK → -11.9k NOK. Calculated
-
↓
Net result weakened
Net result -9 310 NOK → -11.9k NOK. Calculated
-
↓
Equity eroded
Book equity -25.7k NOK → -37.6k NOK (equity ratio -167.3% → -729.6%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -729.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation