A.G.O HOLDING AS: årsregnskap 2022 vs 2021
Shrank 47% on revenue, stronger earnings, cash halved-plus
registry 2023-07-03; journal 2023 558076
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.G.O HOLDING AS. Revenue 4.25m NOK → 2.27m NOK (-46.7%). Net result +31.2k NOK → +134.0k NOK. Equity 61.8k NOK → 195.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.G.O HOLDING AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +62.4k NOK → +217.0k NOK (op. margin 1.5% → 9.6%). Calculated
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↑
Net result improved
Net result +31.2k NOK → +134.0k NOK (net margin 0.7% → 5.9%). Calculated
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↑
Equity strengthened
Book equity 61.8k NOK → 195.8k NOK (equity ratio 1.6% → 3.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.25m NOK to 2.27m NOK (-46.7% YoY). Calculated
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↓
Cash fell
Bank deposits 403.8k NOK → 60.5k NOK (-85.0% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.99m NOK → 250.1k NOK (-87.4% YoY). Calculated