Org.nr 991 136 088 2014 → 2015 Year-over-year analysis

AGON INVEST AS: årsregnskap 2015 vs 2014

Slipped into loss, cash halved-plus

approved 2016-07-11; registry 2016-08-13; journal 2016 823542

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AGON INVEST AS. Net result +121.6k NOK → -217.0k NOK. Equity -3.52m NOK → -3.74m NOK.

Pressures included: fell into a net loss; equity eroded; cash fell.

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

At a glance

Net result

+121.6k NOK -217.0k NOK

-278.4%

Equity

-3.52m NOK -3.74m NOK

-6.2%

Cash

269.4k NOK 32.5k NOK

-87.9%

Total assets

957.7k NOK 340.6k NOK

-64.4%

↓
Fell into a net loss

Net result flipped from 121.6k NOK profit to a loss of 217.0k NOK. Calculated
↓
Equity eroded

Book equity -3.52m NOK → -3.74m NOK (equity ratio -367.5% → -1097.2%). Calculated
↓
Cash fell

Bank deposits 269.4k NOK → 32.5k NOK (-87.9% YoY). Calculated

·
Thin equity buffer

Equity ratio is -1097.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation