Org.nr 987 549 432 2013 → 2014 Year-over-year analysis

AGNES UTVIKLING AS: årsregnskap 2014 vs 2013

Cash halved-plus

approved 2015-06-30; registry 2015-10-14; journal 2015 937624

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AGNES UTVIKLING AS. Revenue 2.27m NOK → 2.18m NOK (-3.8%). Equity 14.45m NOK → 6.41m 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 UTVIKLING AS.

At a glance

Revenue

2.27m NOK 2.18m NOK

-3.8%

Equity

14.45m NOK 6.41m NOK

-55.7%

Cash

3.12m NOK 1.52m NOK

-51.4%

Total assets

131.00m NOK 139.48m NOK

+6.5%

↓
Revenue fell

Operating income / revenue moved from 2.27m NOK to 2.18m NOK (-3.8% YoY). Calculated
↓
Equity eroded

Book equity 14.45m NOK → 6.41m NOK (equity ratio 11.0% → 4.6%). Calculated
↓
Cash fell

Bank deposits 3.12m NOK → 1.52m NOK (-51.4% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.16× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 17.65m NOK → 17.87m NOK. Reported fact