AGNAR AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-06-30; registry 2023-08-05; journal 2023 699971
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGNAR AS. Revenue 2.99m NOK → 3.12m NOK (+4.2%). Net result +7.60m NOK → +3.78m NOK. Equity 17.53m NOK → 16.81m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; book investments changed. All figures are taken from the published annual accounts for AGNAR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 2.99m NOK to 3.12m NOK (+4.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +969.1k NOK → +679.6k NOK (op. margin 32.4% → 21.8%). Calculated
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↓
Net result weakened
Net result +7.60m NOK → +3.78m NOK (net margin 254.1% → 121.2%). Calculated
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↓
Equity eroded
Book equity 17.53m NOK → 16.81m NOK (equity ratio 85.6% → 89.4%). Calculated
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↓
Cash fell
Bank deposits 8.41m NOK → 1.20m NOK (-85.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (8.41m NOK → 1.20m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 1.51m NOK → 1.63m NOK (50% → 52% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 6.66m NOK → 6.67m NOK. Reported fact