AGILE SOLUTIONS AS: årsregnskap 2023 vs 2022
Grew 44% on revenue, weaker earnings, cash halved-plus
registry 2024-06-03; journal 2024 406785
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGILE SOLUTIONS AS. Revenue 3.67m NOK → 5.29m NOK (+43.9%). Net result +609.9k NOK → +99.0k NOK. Equity 926.0k NOK → 24.9k NOK.
On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGILE SOLUTIONS AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.67m NOK to 5.29m NOK (+43.9% YoY). Calculated
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Operating result improved
Operating result -207.3k NOK → +99.0k NOK (op. margin -5.6% → 1.9%). Calculated
What deteriorated
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↓
Net result weakened
Net result +609.9k NOK → +99.0k NOK (net margin 16.6% → 1.9%). Calculated
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↓
Equity eroded
Book equity 926.0k NOK → 24.9k NOK (equity ratio 34.6% → 0.4%). Calculated
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↓
Cash fell
Bank deposits 6.45m NOK → 317.3k NOK (-95.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.45m NOK → 317.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 1.67m NOK → 1.86m NOK (46% → 35% of revenue). Calculated
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Book investments changed
Investment / intangible book value 30.0k NOK → 1 NOK. Reported fact