AGM AS: årsregnskap 2006 vs 2005
Another loss-making year
Summary
What changed
Comparing Årsregnskap 2006 with 2005 for AGM AS. Equity 272.7k NOK → 138.0k NOK.
Pressures included: equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGM AS.
At a glance
Scorecard
Net result
n/m
-134.7k NOK
—
Equity
272.7k NOK
138.0k NOK
-49.4%
Total assets
2.00m NOK
2.12m NOK
+6.0%
What deteriorated
-
↓
Equity eroded
Book equity 272.7k NOK → 138.0k NOK (equity ratio 13.6% → 6.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 341.8k NOK → 4.32m NOK. Reported fact