AGON INVEST AS: årsregnskap 2016 vs 2015
Stronger earnings
approved 2017-07-27; registry 2017-08-05; journal 2017 815500
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AGON INVEST AS. Net result -217.0k NOK → -122.0k NOK. Equity -3.74m NOK → -3.86m NOK.
On the constructive side: net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGON INVEST AS.
At a glance
Scorecard
Revenue
n/m
0 NOK
—
Operating result
n/m
-43.9k NOK
—
Net result
-217.0k NOK
-122.0k NOK
+43.8%
Equity
-3.74m NOK
-3.86m NOK
-3.3%
Cash
32.5k NOK
172.3k NOK
+430.4%
Total assets
340.6k NOK
124.0k NOK
-63.6%
What improved
-
↑
Net result improved
Net result -217.0k NOK → -122.0k NOK. Calculated
-
↑
Cash rose
Bank deposits 32.5k NOK → 172.3k NOK (+430.4% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity -3.74m NOK → -3.86m NOK (equity ratio -1097.2% → -3110.9%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -3110.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation