Org.nr 919 605 308 2021 → 2022 Year-over-year analysis

AGH ENGINEERING AS: årsregnskap 2022 vs 2021

Cash halved-plus

approved 2023-04-21; registry 2023-04-26; journal 2023 369305

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGH ENGINEERING AS. Revenue 1.86m NOK → 1.80m NOK (-3.1%). Net result +19.4k NOK → +27.1k NOK. Equity 274.6k NOK → 275.4k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGH ENGINEERING AS.

Scorecard

Revenue
1.86m NOK 1.80m NOK
-3.1%
Operating result
+19.5k NOK +36.8k NOK
+89.0%
Net result
+19.4k NOK +27.1k NOK
+39.5%
Equity
274.6k NOK 275.4k NOK
+0.3%
Cash
654.0k NOK 323.7k NOK
-50.5%
Total assets
969.2k NOK 765.9k NOK
-21.0%

What improved

  • ↑

    Operating result improved

    Operating result +19.5k NOK → +36.8k NOK (op. margin 1.0% → 2.0%). Calculated

  • ↑

    Net result improved

    Net result +19.4k NOK → +27.1k NOK (net margin 1.0% → 1.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.86m NOK to 1.80m NOK (-3.1% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 654.0k NOK → 323.7k NOK (-50.5% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 52.6k NOK → 37.2k NOK (-29.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2.25 → 2.45. Reported fact