AGN RØR AS: årsregnskap 2022 vs 2021
Shrank 16% on revenue, weaker earnings
approved 2023-06-04; registry 2023-07-31; journal 2023 669643
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGN RØR AS. Revenue 4.93m NOK → 4.13m NOK (-16.1%). Net result +351.7k NOK → +113.9k NOK. Equity 39.1k NOK → 1.15m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGN RØR AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 39.1k NOK → 1.15m NOK (equity ratio 2.2% → 64.2%). Calculated
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↑
Cash rose
Bank deposits 316.5k NOK → 339.1k NOK (+7.1% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.88× → 2.51×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.93m NOK to 4.13m NOK (-16.1% YoY). Calculated
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↓
Operating result weakened
Operating result +460.0k NOK → +152.9k NOK (op. margin 9.3% → 3.7%). Calculated
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↓
Net result weakened
Net result +351.7k NOK → +113.9k NOK (net margin 7.1% → 2.8%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.41m NOK → 2.00m NOK (-16.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 70.6k NOK → 109.7k NOK. Reported fact