AGNES 2 AS: årsregnskap 2015 vs 2014
Shrank 15% on revenue, cash halved-plus
approved 2016-05-25; registry 2016-08-30; journal 2016 879469
Summary
What changed
Comparing Årsregnskap 2015 with 2014 for AGNES 2 AS. Revenue 1.26m NOK → 1.08m NOK (-14.5%). Equity -48.2k NOK → -434.0k NOK.
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 2 AS.
At a glance
Scorecard
Revenue
1.26m NOK
1.08m NOK
-14.5%
Equity
-48.2k NOK
-434.0k NOK
-801.3%
Cash
15.0k NOK
3 651 NOK
-75.7%
Total assets
27.23m NOK
26.45m NOK
-2.8%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.26m NOK to 1.08m NOK (-14.5% YoY). Calculated
-
↓
Equity eroded
Book equity -48.2k NOK → -434.0k NOK (equity ratio -0.2% → -1.6%). Calculated
-
↓
Cash fell
Bank deposits 15.0k NOK → 3 651 NOK (-75.7% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -1.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation