Org.nr 928 080 455 2022 → 2023 Year-over-year analysis

AGINO AS: årsregnskap 2023 vs 2022

Stronger earnings

approved 2024-05-02; registry 2024-06-08; journal 2024 491979

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGINO AS. Net result -51.1k NOK → -27.7k NOK. Equity 68.4k NOK → 40.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
n/m 99.0k NOK
—
Operating result
-51.1k NOK -27.7k NOK
+45.7%
Net result
-51.1k NOK -27.7k NOK
+45.8%
Equity
68.4k NOK 40.7k NOK
-40.5%
Cash
167.1k NOK 276.1k NOK
+65.2%
Total assets
906.2k NOK 884.8k NOK
-2.4%

What improved

  • ↑

    Operating result improved

    Operating result -51.1k NOK → -27.7k NOK. Calculated

  • ↑

    Net result improved

    Net result -51.1k NOK → -27.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 167.1k NOK → 276.1k NOK (+65.2% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 68.4k NOK → 40.7k NOK (equity ratio 7.6% → 4.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 455.82× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation