FirmaIQ
Org.nr 983 715 923 2010 → 2011 Year-over-year analysis

AGITO GROUP AS: årsregnskap 2011 vs 2010

Returned to profit, cash halved-plus

approved 2012-06-15; registry 2012-07-12; journal 2012 525686

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AGITO GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -17.0k NOK → +19.7k NOK. Equity -54.6k NOK → -74.3k NOK.

On the constructive side: operating result improved; turned profitable. Pressures included: equity eroded; cash fell.

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 0 NOK
0.0%
Operating result
-17.0k NOK +19.7k NOK
+216.0%
Net result
-17.0k NOK +19.7k NOK
+216.0%
Equity
-54.6k NOK -74.3k NOK
-36.1%
Cash
6 456 NOK 585 NOK
-90.9%
Total assets
6 456 NOK 585 NOK
-90.9%

What improved

  • ↑

    Operating result improved

    Operating result -17.0k NOK → +19.7k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 17.0k NOK to a profit of 19.7k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -54.6k NOK → -74.3k NOK (equity ratio -845.0% → -12692.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 456 NOK → 585 NOK (-90.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -12692.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation