AGETO AS: årsregnskap 2022 vs 2021
Grew 56% on revenue, weaker earnings
approved 2023-06-30; registry 2023-07-24; journal 2023 640518
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGETO AS. Revenue 252.3k NOK → 392.8k NOK (+55.7%). Net result -1 591 NOK → -204.9k NOK. Equity 840.5k NOK → 370.2k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGETO AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 252.3k NOK to 392.8k NOK (+55.7% YoY). Calculated
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Operating result improved
Operating result -195.3k NOK → -81.2k NOK (op. margin -77.4% → -20.7%). Calculated
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Cash rose
Bank deposits 12.4k NOK → 21.8k NOK (+75.5% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -1 591 NOK → -204.9k NOK (net margin -0.6% → -52.2%). Calculated
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↓
Equity eroded
Book equity 840.5k NOK → 370.2k NOK (equity ratio 15.2% → 8.1%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 3.33m NOK → 575.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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Book investments changed
Investment / intangible book value 307 NOK → 4 339 NOK. Reported fact