AGITO GROUP AS: årsregnskap 2010 vs 2009
Another loss-making year
approved 2011-06-29; registry 2011-07-09; journal 2011 483921
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGITO GROUP AS. Net result -11.9k NOK → -17.0k NOK. Equity -37.6k NOK → -54.6k NOK.
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 deteriorated
-
↓
Operating result weakened
Operating result -11.9k NOK → -17.0k NOK. Calculated
-
↓
Net result weakened
Net result -11.9k NOK → -17.0k NOK. Calculated
-
↓
Equity eroded
Book equity -37.6k NOK → -54.6k NOK (equity ratio -729.6% → -845.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 3.00× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -845.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation