AGITO AS: årsregnskap 2023 vs 2022
Grew 55% on revenue, stronger earnings, cash halved-plus
approved 2024-03-21; registry 2024-03-25; journal 2024 338551
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGITO AS. Revenue 6.78m NOK → 10.52m NOK (+55.2%). Net result +173.5k NOK → +940.3k NOK. Equity 324.4k NOK → 18.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGITO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.78m NOK to 10.52m NOK (+55.2% YoY). Calculated
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↑
Operating result improved
Operating result +269.9k NOK → +415.0k NOK (op. margin 4.0% → 3.9%). Calculated
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↑
Net result improved
Net result +173.5k NOK → +940.3k NOK (net margin 2.6% → 8.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 324.4k NOK → 18.6k NOK (equity ratio 7.3% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 845.4k NOK → 5 101 NOK (-99.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 3.59m NOK → 5.47m NOK (+52.2% YoY). Calculated