AGNES INVEST AS: årsregnskap 2013 vs 2012
Grew 8% on revenue
approved 2014-08-27; registry 2014-09-08; journal 2014 794168
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGNES INVEST AS. Revenue 6.58m NOK → 7.09m NOK (+7.8%). Equity 320.2k NOK → -348.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGNES INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.58m NOK to 7.09m NOK (+7.8% YoY). Calculated
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↑
Cash rose
Bank deposits 111.9k NOK → 190.0k NOK (+69.9% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 320.2k NOK → -348.6k NOK (equity ratio 17.7% → -24.5%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.79× — 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 -24.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Payroll increased
Salary cost 5.67m NOK → 6.37m NOK (86% → 90% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 239.1k NOK → 328.8k NOK (+37.5% YoY). Calculated