AGF AS: årsregnskap 2022 vs 2021
Shrank 12% on revenue, weaker earnings
approved 2023-06-22; registry 2023-07-03; journal 2023 540971
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGF AS. Revenue 1.80m NOK → 1.59m NOK (-11.8%). Net result +1.73m NOK → +1.34m NOK. Equity 4.20bn NOK → 5.19bn NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AGF AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.20bn NOK → 5.19bn NOK (equity ratio 2123.6% → 2743.6%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.80m NOK to 1.59m NOK (-11.8% YoY). Calculated
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↓
Operating result weakened
Operating result +1.73m NOK → +1.46m NOK (op. margin 96.0% → 92.0%). Calculated
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↓
Net result weakened
Net result +1.73m NOK → +1.34m NOK (net margin 96.1% → 84.2%). Calculated
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↓
Cash fell
Bank deposits 14.24m NOK → 7.85m NOK (-44.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 124.30m NOK → 114.30m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 9.48m NOK → 10.00m NOK. Reported fact