AGNES 1 AS: årsregnskap 2012 vs 2011
Shrank 13% on revenue, returned to profit, cash halved-plus
approved 2013-05-07; registry 2013-08-12; journal 2013 624870
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AGNES 1 AS. Revenue 1.63m NOK → 1.42m NOK (-12.9%). Net result -646.9k NOK → +2 012 NOK. Equity -1.20m NOK → -2.13m NOK.
On the constructive side: turned profitable. Pressures included: revenue fell; equity eroded; cash fell.
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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↑
Turned profitable
Net result flipped from a loss of 646.9k NOK to a profit of 2 012 NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.63m NOK to 1.42m NOK (-12.9% YoY). Calculated
-
↓
Equity eroded
Book equity -1.20m NOK → -2.13m NOK (equity ratio -5.1% → -9.4%). Calculated
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↓
Cash fell
Bank deposits 102.7k NOK → 31.9k NOK (-69.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation