AGIO FORVALTNING AS: årsregnskap 2023 vs 2022
Grew 26% on revenue, stronger earnings
approved 2024-05-02; registry 2024-06-01; journal 2024 402382
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGIO FORVALTNING AS. Revenue 17.44m NOK → 22.01m NOK (+26.2%). Net result +514.4k NOK → +906.6k NOK. Equity 566.4k NOK → 473.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGIO FORVALTNING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 17.44m NOK to 22.01m NOK (+26.2% YoY). Calculated
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Net result improved
Net result +514.4k NOK → +906.6k NOK (net margin 2.9% → 4.1%). Calculated
What deteriorated
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Operating result weakened
Operating result +668.1k NOK → +1 119 NOK (op. margin 3.8% → 0.0%). Calculated
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↓
Equity eroded
Book equity 566.4k NOK → 473.0k NOK (equity ratio 12.4% → 8.4%). Calculated
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↓
Cash fell
Bank deposits 623.7k NOK → 433.2k NOK (-30.6% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.15× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 105.9k NOK → 10.5k NOK (-90.1% YoY). Calculated