Org.nr 980 112 969 2009 → 2010 Year-over-year analysis

AGU HOLDING AS: årsregnskap 2010 vs 2009

Shrank 65% on revenue

approved 2011-06-30; registry 2011-09-02; journal 2011 676739

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AGU HOLDING AS. Revenue 21.0k NOK → 7 300 NOK (-65.2%). Equity -1.48m NOK → -1.56m NOK.

Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

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

At a glance

Revenue

21.0k NOK 7 300 NOK

-65.2%

Net result

+4 872 NOK n/m

—

Equity

-1.48m NOK -1.56m NOK

-5.2%

Cash

1 964 NOK 1 964 NOK

0.0%

Total assets

102.1k NOK 30.3k NOK

-70.4%

↓
Revenue fell

Operating income / revenue moved from 21.0k NOK to 7 300 NOK (-65.2% YoY). Calculated
↓
Equity eroded

Book equity -1.48m NOK → -1.56m NOK (equity ratio -1452.3% → -5153.6%). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.46× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Thin equity buffer

Equity ratio is -5153.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation