Org.nr 928 634 825 2022 → 2023 Year-over-year analysis

AGENS PROPERTY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, returned to profit

approved 2024-05-10; registry 2024-06-03; journal 2024 410085

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGENS PROPERTY AS. Revenue 225.0k NOK → 325 NOK (-99.9%). Net result -1 782 NOK → +4 720 NOK. Equity 28.2k NOK → 32.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

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

Scorecard

Revenue
225.0k NOK 325 NOK
-99.9%
Operating result
+77.9k NOK +90.1k NOK
+15.7%
Net result
-1 782 NOK +4 720 NOK
+364.9%
Equity
28.2k NOK 32.9k NOK
+16.7%
Cash
21.5k NOK 11.8k NOK
-45.2%
Total assets
5.19m NOK 6.14m NOK
+18.2%

What improved

  • ↑

    Operating result improved

    Operating result +77.9k NOK → +90.1k NOK (op. margin 34.6% → 27734.5%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1 782 NOK to a profit of 4 720 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 28.2k NOK → 32.9k NOK (equity ratio 0.5% → 0.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 225.0k NOK to 325 NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 21.5k NOK → 11.8k NOK (-45.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation