Org.nr 924 867 892 2021 → 2022 Year-over-year analysis

AGIN AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-06-30; registry 2023-07-10; journal 2023 603236

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGIN AS. Net result -18.7k NOK → -20.4k NOK. Equity 702 NOK → -19.7k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGIN AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-18.7k NOK -20.5k NOK
-10.1%
Net result
-18.7k NOK -20.4k NOK
-9.4%
Equity
702 NOK -19.7k NOK
-2908.8%
Cash
1 452 NOK 1 452 NOK
0.0%
Total assets
16.5k NOK 97.6k NOK
+493.0%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -18.7k NOK → -20.5k NOK. Calculated

  • ↓

    Net result weakened

    Net result -18.7k NOK → -20.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 702 NOK → -19.7k NOK (equity ratio 4.3% → -20.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.04× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -20.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation