Org.nr 899 066 472 2014 → 2015 Year-over-year analysis

AGP INVESTMENTS AS: årsregnskap 2015 vs 2014

Shrank 39% on revenue

approved 2016-05-31; registry 2016-06-13; journal 2016 510706

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for AGP INVESTMENTS AS. Revenue 488.6k NOK → 300.0k NOK (-38.6%). Equity 9 034 NOK → -140.5k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

488.6k NOK 300.0k NOK

-38.6%

Operating result

+319.2k NOK +150.0k NOK

-53.0%

Net result

n/m +149.5k NOK

—

Equity

9 034 NOK -140.5k NOK

-1655.1%

Cash

74.7k NOK 70.8k NOK

-5.1%

Total assets

181.6k NOK 86.9k NOK

-52.1%

↓
Revenue fell

Operating income / revenue moved from 488.6k NOK to 300.0k NOK (-38.6% YoY). Calculated
↓
Operating result weakened

Operating result +319.2k NOK → +150.0k NOK (op. margin 65.3% → 50.0%). Calculated
↓
Equity eroded

Book equity 9 034 NOK → -140.5k NOK (equity ratio 5.0% → -161.6%). Calculated
↓
Cash fell

Bank deposits 74.7k NOK → 70.8k NOK (-5.1% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.05× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -161.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation