FirmaIQ
Org.nr 926 037 706 2022 → 2023 Year-over-year analysis

AGILAS ENGINEERING AS: årsregnskap 2023 vs 2022

Stronger earnings, cash halved-plus

registry 2024-04-16; journal 2024 359182

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGILAS ENGINEERING AS. Revenue 3.42m NOK → 3.51m NOK (+2.6%). Net result +542.6k NOK → +1.59m NOK. Equity 990.3k NOK → 3.58m NOK.

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

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

At a glance

Scorecard

Revenue
3.42m NOK 3.51m NOK
+2.6%
Operating result
+849.9k NOK +1.56m NOK
+83.7%
Net result
+542.6k NOK +1.59m NOK
+193.5%
Equity
990.3k NOK 3.58m NOK
+261.8%
Cash
401.6k NOK 200.0k NOK
-50.2%
Total assets
2.74m NOK 3.94m NOK
+43.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.42m NOK to 3.51m NOK (+2.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +849.9k NOK → +1.56m NOK (op. margin 24.9% → 44.5%). Calculated

  • ↑

    Net result improved

    Net result +542.6k NOK → +1.59m NOK (net margin 15.9% → 45.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 990.3k NOK → 3.58m NOK (equity ratio 36.2% → 90.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 401.6k NOK → 200.0k NOK (-50.2% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.01. Reported fact