AGN AS: årsregnskap 2022 vs 2021
Grew 21587% on revenue, stronger earnings, cash halved-plus
approved 2023-06-15; registry 2023-07-20; journal 2023 633079
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGN AS. Revenue 1 173 NOK → 254.4k NOK (+21587.4%). Net result +188.9k NOK → +513.7k NOK. Equity 647.1k NOK → 160.7k NOK.
On the constructive side: revenue rose; net result improved; payroll decreased. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 173 NOK to 254.4k NOK (+21587.4% YoY). Calculated
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Net result improved
Net result +188.9k NOK → +513.7k NOK (net margin 16101.0% → 201.9%). Calculated
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Payroll decreased
Salary cost 2.63m NOK → 851.4k NOK (224228% → 335% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +438.0k NOK → +320.2k NOK (op. margin 37340.6% → 125.9%). Calculated
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↓
Equity eroded
Book equity 647.1k NOK → 160.7k NOK (equity ratio 34.6% → 6.6%). Calculated
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↓
Cash fell
Bank deposits 516.6k NOK → 152.6k NOK (-70.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 87.3k NOK → 32.9k NOK (-62.3% YoY). Calculated
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Book investments changed
Investment / intangible book value 612.3k NOK → 181.6k NOK. Reported fact