AGENCY M AS: årsregnskap 2022 vs 2021
Grew 22% on revenue, weaker earnings
approved 2023-03-08; registry 2023-04-13; journal 2023 351552
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGENCY M AS. Revenue 1.89m NOK → 2.30m NOK (+21.8%). Net result +46.8k NOK → +8 754 NOK. Equity 190.2k NOK → 199 NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGENCY M AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.89m NOK to 2.30m NOK (+21.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +59.1k NOK → +16.1k NOK (op. margin 3.1% → 0.7%). Calculated
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↓
Net result weakened
Net result +46.8k NOK → +8 754 NOK (net margin 2.5% → 0.4%). Calculated
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↓
Equity eroded
Book equity 190.2k NOK → 199 NOK (equity ratio 43.0% → 0.0%). Calculated
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↓
Cash fell
Bank deposits 307.7k NOK → 191.4k NOK (-37.8% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 88.9k NOK → 51.8k NOK (-41.7% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact