AGGS AS: årsregnskap 2023 vs 2022
Grew 77517% on revenue, slipped into loss
approved 2024-04-19; registry 2024-05-06; journal 2024 397000
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGGS AS. Revenue 747 NOK → 579.8k NOK (+77517.1%). Net result +15.8k NOK → -133.2k NOK. Equity -751.2k NOK → -884.5k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: operating result weakened; 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 AGGS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 747 NOK to 579.8k NOK (+77517.1% YoY). Calculated
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↑
Cash rose
Bank deposits 105.2k NOK → 177.8k NOK (+69.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 601.9k NOK → 316.7k NOK (80572% → 55% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +16.1k NOK → -131.0k NOK (op. margin 2151.1% → -22.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 15.8k NOK profit to a loss of 133.2k NOK. Calculated
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↓
Equity eroded
Book equity -751.2k NOK → -884.5k NOK (equity ratio -94.0% → -107.4%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -107.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 500.0k NOK → 600 NOK. Reported fact