AGNES 1 AS: årsregnskap 2015 vs 2014
Shrank 31% on revenue, cash halved-plus
approved 2016-05-25; registry 2016-08-30; journal 2016 879451
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGNES 1 AS. Revenue 1.29m NOK → 887.1k NOK (-31.3%). Equity -4.46m NOK → -6.30m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGNES 1 AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.29m NOK to 887.1k NOK (-31.3% YoY). Calculated
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Equity eroded
Book equity -4.46m NOK → -6.30m NOK (equity ratio -20.7% → -30.4%). Calculated
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Cash fell
Bank deposits 200.8k NOK → 5 795 NOK (-97.1% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 3.53× → 0.22× — 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 -30.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 91.3k NOK → 30.9k NOK. Reported fact