A&G TRANSPORT AS: årsregnskap 2023 vs 2022
Grew 6% on revenue, slipped into loss
approved 2024-06-05; registry 2024-06-08; journal 2024 491924
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A&G TRANSPORT AS. Revenue 2.94m NOK → 3.11m NOK (+5.7%). Net result +208.8k NOK → -240.6k NOK. Equity 229.3k NOK → -11.3k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A&G TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.94m NOK to 3.11m NOK (+5.7% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +209.1k NOK → -210.7k NOK (op. margin 7.1% → -6.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 208.8k NOK profit to a loss of 240.6k NOK. Calculated
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↓
Equity eroded
Book equity 229.3k NOK → -11.3k NOK (equity ratio 25.6% → -2.0%). Calculated
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↓
Cash fell
Bank deposits 339.5k NOK → 189.2k NOK (-44.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 2 835 NOK → 8 917 NOK (+214.5% YoY). Calculated