FirmaIQ
Org.nr 925 223 549 2022 → 2023 Year-over-year analysis

AGIT AS: årsregnskap 2023 vs 2022

Shrank 11% on revenue, cash halved-plus

registry 2024-03-11; journal 2024 324458

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGIT AS. Revenue 1.60m NOK → 1.43m NOK (-10.5%). Net result +183.1k NOK → +159.1k NOK. Equity 1.25m NOK → 1.41m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.60m NOK 1.43m NOK
-10.5%
Operating result
+597.1k NOK +223.3k NOK
-62.6%
Net result
+183.1k NOK +159.1k NOK
-13.1%
Equity
1.25m NOK 1.41m NOK
+12.7%
Cash
908.2k NOK 212.1k NOK
-76.6%
Total assets
1.66m NOK 1.73m NOK
+4.3%

What improved

  • ↑

    Equity strengthened

    Book equity 1.25m NOK → 1.41m NOK (equity ratio 75.6% → 81.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.95m NOK → 2 NOK (247% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.60m NOK to 1.43m NOK (-10.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +597.1k NOK → +223.3k NOK (op. margin 37.4% → 15.6%). Calculated

  • ↓

    Net result weakened

    Net result +183.1k NOK → +159.1k NOK (net margin 11.5% → 11.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 908.2k NOK → 212.1k NOK (-76.6% YoY). Calculated