FirmaIQ
Org.nr 995 726 491 2022 → 2023 Year-over-year analysis

AGNEFESTVEIEN 1 AS: årsregnskap 2023 vs 2022

Weaker earnings

registry 2024-02-14; journal 2024 306053

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGNEFESTVEIEN 1 AS. Revenue 472.8k NOK → 489.7k NOK (+3.6%). Net result -157.7k NOK → -250.0k NOK. Equity 135.1k NOK → -114.9k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGNEFESTVEIEN 1 AS.

At a glance

Scorecard

Revenue
472.8k NOK 489.7k NOK
+3.6%
Operating result
+38.2k NOK +30.9k NOK
-19.3%
Net result
-157.7k NOK -250.0k NOK
-58.5%
Equity
135.1k NOK -114.9k NOK
-185.1%
Cash
89.9k NOK 276.5k NOK
+207.4%
Total assets
6.43m NOK 6.39m NOK
-0.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 472.8k NOK to 489.7k NOK (+3.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 89.9k NOK → 276.5k NOK (+207.4% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +38.2k NOK → +30.9k NOK (op. margin 8.1% → 6.3%). Calculated

  • ↓

    Net result weakened

    Net result -157.7k NOK → -250.0k NOK (net margin -33.4% → -51.1%). Calculated

  • ↓

    Equity eroded

    Book equity 135.1k NOK → -114.9k NOK (equity ratio 2.1% → -1.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation