AGME AS: årsregnskap 2023 vs 2022
Stronger earnings, cash halved-plus
registry 2024-06-04; journal 2024 484397
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGME AS. Net result -38.4k NOK → -19.0k NOK. Equity 1.95m NOK → 1.93m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AGME AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result -38.4k NOK → -19.0k NOK. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -8 306 NOK → -19.0k NOK. Calculated
-
↓
Equity eroded
Book equity 1.95m NOK → 1.93m NOK (equity ratio 95.3% → 99.4%). Calculated
-
↓
Cash fell
Bank deposits 2.04m NOK → 4 740 NOK (-99.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 21.50× → 0.43× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Sharp cash drawdown
Cash fell by more than 60% YoY (2.04m NOK → 4 740 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
-
·
Book investments changed
Investment / intangible book value 385.0k NOK → 1 NOK. Reported fact