Org.nr 999 602 312 2013 → 2014 Year-over-year analysis

AGS AS: årsregnskap 2014 vs 2013

Shrank 7% on revenue

approved 2015-06-25; registry 2015-09-05; journal 2015 797368

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AGS AS. Revenue 813.4k NOK → 757.9k NOK (-6.8%). Equity 14.4k NOK → -10.2k 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 AGS AS.

At a glance

Revenue

813.4k NOK 757.9k NOK

-6.8%

Operating result

-21.4k NOK n/m

—

Equity

14.4k NOK -10.2k NOK

-170.6%

Cash

52.3k NOK 51.2k NOK

-2.0%

Total assets

113.7k NOK 214.1k NOK

+88.3%

↓
Revenue fell

Operating income / revenue moved from 813.4k NOK to 757.9k NOK (-6.8% YoY). Calculated
↓
Equity eroded

Book equity 14.4k NOK → -10.2k NOK (equity ratio 12.7% → -4.7%). Calculated
↓
Cash fell

Bank deposits 52.3k NOK → 51.2k NOK (-2.0% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 2 587 NOK → 487.8k NOK (0% → 64% of revenue). Calculated
↓
COGS moved

COGS / varekostnad 119.1k NOK → 131.5k NOK (+10.4% YoY). Calculated

·
Thin equity buffer

Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation