AGNES 2 AS: årsregnskap 2010 vs 2009
Weaker earnings
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGNES 2 AS. Net result -3 845 NOK → -338.6k NOK. Equity 96.2k NOK → -242.5k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNES 2 AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 50.3k NOK → 464.5k NOK (+823.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.90× → 2.39×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -5 625 NOK → -78.3k NOK. Calculated
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↓
Net result weakened
Net result -3 845 NOK → -338.6k NOK. Calculated
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↓
Equity eroded
Book equity 96.2k NOK → -242.5k NOK (equity ratio 1213.2% → -0.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation