Org.nr 983 643 884 2012 → 2013 Year-over-year analysis

AGITO NORGE AS: årsregnskap 2013 vs 2012

Shrank 54% on revenue, cash halved-plus

approved 2014-05-23; registry 2014-09-04; journal 2014 770097

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AGITO NORGE AS. Revenue 46.70m NOK → 21.62m NOK (-53.7%). Equity 3.93m NOK → 2.16m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGITO NORGE AS.

At a glance

Revenue

46.70m NOK 21.62m NOK

-53.7%

Operating result

+149.1k NOK -1.61m NOK

-1182.6%

Equity

3.93m NOK 2.16m NOK

-45.0%

Cash

7.62m NOK 3.35m NOK

-56.0%

Total assets

17.37m NOK 10.12m NOK

-41.8%

↑
Payroll decreased

Salary cost 26.93m NOK → 14.92m NOK (58% → 69% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 46.70m NOK to 21.62m NOK (-53.7% YoY). Calculated
↓
Operating result weakened

Operating result +149.1k NOK → -1.61m NOK (op. margin 0.3% → -7.5%). Calculated
↓
Equity eroded

Book equity 3.93m NOK → 2.16m NOK (equity ratio 22.6% → 21.4%). Calculated
↓
Cash fell

Bank deposits 7.62m NOK → 3.35m NOK (-56.0% YoY). Calculated

·
Book investments changed

Investment / intangible book value 3.98m NOK → 3.59m NOK. Reported fact