AGIOS AS: årsregnskap 2023 vs 2022
Shrank 89% on revenue, stronger earnings
registry 2024-04-06; journal 2024 346702
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGIOS AS. Revenue 1.38m NOK → 150.0k NOK (-89.2%). Net result +46.3k NOK → +128.7k NOK. Equity 10.69m NOK → 100.0k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGIOS AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +96.1k NOK → +198.8k NOK (op. margin 6.9% → 132.5%). Calculated
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Net result improved
Net result +46.3k NOK → +128.7k NOK (net margin 3.3% → 85.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.38m NOK to 150.0k NOK (-89.2% YoY). Calculated
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↓
Equity eroded
Book equity 10.69m NOK → 100.0k NOK (equity ratio 836.9% → 9.3%). Calculated
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↓
Cash fell
Bank deposits 990.2k NOK → 538.8k NOK (-45.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1.11m NOK → 1.80m NOK (80% → 1202% 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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COGS fell
COGS / varekostnad 8 375 NOK → 0 NOK (-100.0% YoY). Calculated