AGITO GROUP AS: årsregnskap 2013 vs 2012
Mixed movements in the accounts
approved 2014-06-30; registry 2014-08-12; journal 2014 645815
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGITO GROUP AS. Revenue 0 NOK → 0 NOK (0.0%). Equity -84.4k NOK → -89.9k NOK.
On the constructive side: cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
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
-
↑
Cash rose
Bank deposits 3 860 NOK → 6 080 NOK (+57.5% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -84.4k NOK → -89.9k NOK (equity ratio -169.2% → -172.7%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.74× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -172.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation