AGORA AS: årsregnskap 2001 vs 2000
Grew 11% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2001 with 2000 for AGORA AS. Revenue 5.58m NOK → 6.18m NOK (+10.7%). Net result -282.2k NOK → -506.0k NOK. Equity 714.5k NOK → 208.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGORA AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.58m NOK to 6.18m NOK (+10.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -260.2k NOK → -497.6k NOK (op. margin -4.7% → -8.0%). Calculated
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↓
Net result weakened
Net result -282.2k NOK → -506.0k NOK (net margin -5.1% → -8.2%). Calculated
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↓
Equity eroded
Book equity 714.5k NOK → 208.5k NOK (equity ratio 24.5% → 10.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.48× → 0.52× — 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 10.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1.80m NOK → 2.28m NOK (32% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.37m NOK → 1.44m NOK (+4.9% YoY). Calculated