Org.nr 991 136 088 2007 → 2008 Year-over-year analysis

AGON INVEST AS: årsregnskap 2008 vs 2007

Mixed movements in the accounts

approved 2009-06-25; registry 2009-09-05

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AGON INVEST AS. Equity 46.4k NOK → -1.49m NOK.

On the constructive side: cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGON INVEST AS.

At a glance

Operating result

n/m +3 423 NOK

—

Equity

46.4k NOK -1.49m NOK

-3319.4%

Cash

112.5k NOK 164.3k NOK

+46.0%

Total assets

2 972 NOK 1.34m NOK

+45104.5%

↓
Equity eroded

Book equity 46.4k NOK → -1.49m NOK (equity ratio 1561.2% → -111.2%). Calculated
↓
Current ratio dropped below 1×

Current ratio 38.45× → 0.06× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -111.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 2 860 NOK → 1.18m NOK. Reported fact