Org.nr 920 959 156 2021 → 2022 Year-over-year analysis

AGF-ART AS: årsregnskap 2022 vs 2021

Grew 20% on revenue

approved 2023-07-22; registry 2023-07-25; journal 2023 647083

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGF-ART AS. Revenue 41.9k NOK → 50.2k NOK (+19.9%). Net result +17.6k NOK → +9 298 NOK. Equity -177 NOK → 9 121 NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGF-ART AS.

Scorecard

Revenue
41.9k NOK 50.2k NOK
+19.9%
Operating result
+17.6k NOK +9 298 NOK
-47.3%
Net result
+17.6k NOK +9 298 NOK
-47.3%
Equity
-177 NOK 9 121 NOK
+5253.1%
Cash
44.5k NOK 54.6k NOK
+22.9%
Total assets
45.3k NOK 54.6k NOK
+20.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 41.9k NOK to 50.2k NOK (+19.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -177 NOK → 9 121 NOK (equity ratio -0.4% → 16.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 44.5k NOK → 54.6k NOK (+22.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.20×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +17.6k NOK → +9 298 NOK (op. margin 42.1% → 18.5%). Calculated

  • ↓

    Net result weakened

    Net result +17.6k NOK → +9 298 NOK (net margin 42.1% → 18.5%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 9 230 NOK → 15.6k NOK (+69.4% YoY). Calculated