AGIO VENTURE AS: årsregnskap 2022 vs 2021
Grew 417% on revenue, slipped into loss, cash halved-plus
approved 2023-05-18; registry 2023-05-30; journal 2023 433773
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGIO VENTURE AS. Revenue 59.0k NOK → 305.0k NOK (+416.9%). Net result +29.0k NOK → -21.1k NOK. Equity -215.3k NOK → -236.5k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGIO VENTURE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 59.0k NOK to 305.0k NOK (+416.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +29.0k NOK → -21.1k NOK (op. margin 49.1% → -6.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 29.0k NOK profit to a loss of 21.1k NOK. Calculated
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↓
Equity eroded
Book equity -215.3k NOK → -236.5k NOK (equity ratio -508.7% → -1238.7%). Calculated
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↓
Cash fell
Bank deposits 42.3k NOK → 19.1k NOK (-54.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1238.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation