AGINCOURT INVEST AS: årsregnskap 2022 vs 2021
Weaker earnings
approved 2023-05-12; registry 2023-05-24; journal 2023 420982
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGINCOURT INVEST AS. Revenue 34.4k NOK → 34.4k NOK (0.0%). Net result +915.1k NOK → +327.2k NOK. Equity 6.85m NOK → 1.18m NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGINCOURT INVEST AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result +19.0k NOK → -38.5k NOK (op. margin 55.3% → -112.0%). Calculated
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↓
Net result weakened
Net result +915.1k NOK → +327.2k NOK (net margin 2662.2% → 951.7%). Calculated
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↓
Equity eroded
Book equity 6.85m NOK → 1.18m NOK (equity ratio 51.9% → 9.3%). Calculated
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↓
Cash fell
Bank deposits 162.4k NOK → 117.1k NOK (-27.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 15.4k NOK → 38.5k NOK (45% → 112% of revenue). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 11.97m NOK → 11.97m NOK. Reported fact