Org.nr 983 715 923 2022 → 2023 Year-over-year analysis

AGITO GROUP AS: årsregnskap 2023 vs 2022

Slipped into loss, cash halved-plus

approved 2024-05-30; registry 2024-06-04; journal 2024 485141

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGITO GROUP AS. Net result +115.8k NOK → -300.8k NOK. Equity -13.9k NOK → -314.7k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGITO GROUP AS.

At a glance

Revenue

0 NOK n/m

—

Operating result

-12.4k NOK -14.5k NOK

-16.8%

Net result

+115.8k NOK -300.8k NOK

-359.7%

Equity

-13.9k NOK -314.7k NOK

-2169.1%

Cash

47.5k NOK 18.3k NOK

-61.5%

Total assets

500.0k NOK 222.3k NOK

-55.5%

↓
Operating result weakened

Operating result -12.4k NOK → -14.5k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 115.8k NOK profit to a loss of 300.8k NOK. Calculated
↓
Equity eroded

Book equity -13.9k NOK → -314.7k NOK (equity ratio -2.8% → -141.5%). Calculated
↓
Cash fell

Bank deposits 47.5k NOK → 18.3k NOK (-61.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is -141.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Book investments changed

Investment / intangible book value 395.4k NOK → 127.0k NOK. Reported fact