Org.nr 916 887 582 2021 → 2022 Year-over-year analysis

AGF HOLDING AS: årsregnskap 2022 vs 2021

Slipped into loss

approved 2023-06-22; registry 2023-06-26; journal 2023 520280

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGF HOLDING AS. Revenue 1 NOK → 1 NOK (0.0%). Net result +120.7k NOK → -577.7k NOK. Equity 661.8k NOK → 84.1k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGF HOLDING AS.

Scorecard

Revenue
1 NOK 1 NOK
0.0%
Operating result
-131.0k NOK -26.9k NOK
+79.4%
Net result
+120.7k NOK -577.7k NOK
-578.8%
Equity
661.8k NOK 84.1k NOK
-87.3%
Cash
7 202 NOK 11.2k NOK
+55.4%
Total assets
2.73m NOK 2.17m NOK
-20.5%

What improved

  • ↑

    Operating result improved

    Operating result -131.0k NOK → -26.9k NOK (op. margin -13100500.0% → -2694400.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 7 202 NOK → 11.2k NOK (+55.4% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 120.7k NOK profit to a loss of 577.7k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 661.8k NOK → 84.1k NOK (equity ratio 24.3% → 3.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 100 NOK → 1.10m NOK. Reported fact