AGNES 1 AS: årsregnskap 2010 vs 2009
Slipped into loss
approved 2011-06-28; registry 2011-09-05; journal 2011 697220
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGNES 1 AS. Revenue 0 NOK → 1.55m NOK. Net result +208 NOK → -668.3k NOK. Equity 208 NOK → -558.1k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNES 1 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1.55m NOK. Calculated
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↑
Operating result improved
Operating result +4 NOK → +294.0k NOK. Calculated
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↑
Cash rose
Bank deposits 50.3k NOK → 79.0k NOK (+57.1% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 208 NOK profit to a loss of 668.3k NOK. Calculated
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↓
Equity eroded
Book equity 208 NOK → -558.1k NOK (equity ratio 0.9% → -2.4%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.00× → 0.80× — 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 -2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation