AGGS AS: årsregnskap 2022 vs 2021
Shrank 100% on revenue, weaker earnings, cash halved-plus
approved 2023-04-24; registry 2023-05-02; journal 2023 379340
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGGS AS. Revenue 646.8k NOK → 747 NOK (-99.9%). Net result +28.3k NOK → +15.8k NOK. Equity -767.0k NOK → -751.2k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGGS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity -767.0k NOK → -751.2k NOK (equity ratio -80.3% → -94.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 646.8k NOK to 747 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +29.1k NOK → +16.1k NOK (op. margin 4.5% → 2151.1%). Calculated
-
↓
Net result weakened
Net result +28.3k NOK → +15.8k NOK (net margin 4.4% → 2109.0%). Calculated
-
↓
Cash fell
Bank deposits 256.1k NOK → 105.2k NOK (-58.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 488.6k NOK → 601.9k NOK (76% → 80572% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -94.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 500 NOK → 500.0k NOK. Reported fact