Org.nr 914 103 053 2021 → 2022 Year-over-year analysis

AGL NORWAY AS: årsregnskap 2022 vs 2021

Shrank 14% on revenue, returned to profit, cash halved-plus

approved 2023-06-19; registry 2023-07-12; journal 2023 574107

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGL NORWAY AS. Revenue 380.86m NOK → 328.18m NOK (-13.8%). Net result -800.0k NOK → +6.27m NOK. Equity 1.95m NOK → 7.22m NOK.

On the constructive side: turned profitable; equity strengthened; owners injected capital. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGL NORWAY AS.

Scorecard

Revenue
380.86m NOK 328.18m NOK
-13.8%
Operating result
-1.04m NOK n/m
—
Net result
-800.0k NOK +6.27m NOK
+883.8%
Equity
1.95m NOK 7.22m NOK
+270.5%
Cash
375.7k NOK 21.4k NOK
-94.3%
Total assets
66.15m NOK 41.43m NOK
-37.4%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 800.0k NOK to a profit of 6.27m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.95m NOK → 7.22m NOK (equity ratio 2.9% → 17.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 487.8k NOK → 1.49m NOK (+1.00m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 380.86m NOK to 328.18m NOK (-13.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 375.7k NOK → 21.4k NOK (-94.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 370.15m NOK → 309.90m NOK (-16.3% YoY). Calculated