Org.nr 928 411 613 2022 → 2023 Year-over-year analysis

AGL AS: årsregnskap 2023 vs 2022

Cash halved-plus

approved 2024-03-20; registry 2024-03-25; journal 2024 339212

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGL AS. Net result +1.84m NOK → +1.79m NOK. Equity 561.1k NOK → 351.8k NOK.

On the constructive side: operating result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Operating result
-16.3k NOK -11.4k NOK
+29.9%
Net result
+1.84m NOK +1.79m NOK
-2.6%
Equity
561.1k NOK 351.8k NOK
-37.3%
Cash
160.9k NOK 59.3k NOK
-63.1%
Total assets
8.14m NOK 14.43m NOK
+77.4%

What improved

  • ↑

    Operating result improved

    Operating result -16.3k NOK → -11.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 561.1k NOK → 351.8k NOK (equity ratio 6.9% → 2.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 160.9k NOK → 59.3k NOK (-63.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 5 475 NOK → 11.88m NOK. Reported fact