AGP INVESTMENTS AS: årsregnskap 2014 vs 2013
Shrank 20% on revenue, cash halved-plus
approved 2015-06-10; registry 2015-09-30; journal 2015 895374
Summary
What changed
Comparing Årsregnskap 2014 with 2013 for AGP INVESTMENTS AS. Revenue 611.5k NOK → 488.6k NOK (-20.1%). Equity 151.6k NOK → 9 034 NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGP INVESTMENTS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 611.5k NOK to 488.6k NOK (-20.1% YoY). Calculated
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↓
Equity eroded
Book equity 151.6k NOK → 9 034 NOK (equity ratio 63.9% → 5.0%). Calculated
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↓
Cash fell
Bank deposits 236.0k NOK → 74.7k NOK (-68.4% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 5.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation