AGENDEC AS: årsregnskap 2023 vs 2022
Grew 16% on revenue, slipped into loss
approved 2024-06-30; registry 2024-07-24; journal 2024 666422
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGENDEC AS. Revenue 3.91m NOK → 4.53m NOK (+15.8%). Net result +970 NOK → -117.5k NOK. Equity 153.9k NOK → 36.4k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGENDEC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.91m NOK to 4.53m NOK (+15.8% YoY). Calculated
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↑
Cash rose
Bank deposits 58.1k NOK → 74.1k NOK (+27.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +6 032 NOK → -132.7k NOK (op. margin 0.2% → -2.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 970 NOK profit to a loss of 117.5k NOK. Calculated
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↓
Equity eroded
Book equity 153.9k NOK → 36.4k NOK (equity ratio 75.4% → 2.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 7.85× → 0.30× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.56m NOK → 2.79m NOK (66% → 62% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 812.1k NOK → 1 122 NOK (-99.9% YoY). Calculated