Org.nr 925 223 549 2021 → 2022 Year-over-year analysis

AGIT AS: årsregnskap 2022 vs 2021

Grew 4858% on revenue, weaker earnings, fresh owner capital

registry 2023-02-27; journal 2023 312703

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGIT AS. Revenue 32.2k NOK → 1.60m NOK (+4857.7%). Net result +818.3k NOK → +183.1k NOK. Equity 71.3k NOK → 1.25m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGIT AS.

Scorecard

Revenue
32.2k NOK 1.60m NOK
+4857.7%
Operating result
+16.5k NOK +597.1k NOK
+3521.7%
Net result
+818.3k NOK +183.1k NOK
-77.6%
Equity
71.3k NOK 1.25m NOK
+1659.4%
Cash
464.5k NOK 908.2k NOK
+95.5%
Total assets
1.59m NOK 1.66m NOK
+4.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.2k NOK to 1.60m NOK (+4857.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +16.5k NOK → +597.1k NOK (op. margin 51.2% → 37.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 71.3k NOK → 1.25m NOK (equity ratio 4.5% → 75.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 464.5k NOK → 908.2k NOK (+95.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.73× → 4.04×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +818.3k NOK → +183.1k NOK (net margin 2539.2% → 11.5%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 202.8k NOK → 349 NOK. Reported fact