AGT HOLDING AS: årsregnskap 2013 vs 2012
Shrank 100% on revenue
approved 2014-05-30; registry 2014-08-20; journal 2014 679771
Summary
What changed
Comparing Årsregnskap 2013 with 2012 for AGT HOLDING AS. Revenue 6 NOK → 0 NOK (-100.0%). Net result +847.0k NOK → +753.1k NOK. Equity 261.0k NOK → 14.1k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGT HOLDING AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 6 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +45.5k NOK → +33.7k NOK. Calculated
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↓
Net result weakened
Net result +847.0k NOK → +753.1k NOK. Calculated
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↓
Equity eroded
Book equity 261.0k NOK → 14.1k NOK (equity ratio 258.4% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 645.2k NOK → 627.7k NOK (-2.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation