FirmaIQ
Org.nr 993 068 152 2021 → 2022 Year-over-year analysis

AGNEFESTVEIEN AS: årsregnskap 2022 vs 2021

Grew 411% on revenue, weaker earnings

approved 2023-06-14; registry 2023-06-19; journal 2023 497527

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AGNEFESTVEIEN AS. Revenue 117.8k NOK → 601.8k NOK (+410.8%). Net result -155.4k NOK → -276.9k NOK. Equity -2.43m NOK → -2.71m 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 AS.

At a glance

Scorecard

Revenue
117.8k NOK 601.8k NOK
+410.8%
Operating result
+57.6k NOK -264.5k NOK
-559.2%
Net result
-155.4k NOK -276.9k NOK
-78.2%
Equity
-2.43m NOK -2.71m NOK
-11.4%
Cash
45.2k NOK 123.9k NOK
+174.1%
Total assets
8.56m NOK 3.94m NOK
-54.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 117.8k NOK to 601.8k NOK (+410.8% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 45.2k NOK → 123.9k NOK (+174.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +57.6k NOK → -264.5k NOK (op. margin 48.9% → -43.9%). Calculated

  • ↓

    Net result weakened

    Net result -155.4k NOK → -276.9k NOK (net margin -131.9% → -46.0%). Calculated

  • ↓

    Equity eroded

    Book equity -2.43m NOK → -2.71m NOK (equity ratio -28.4% → -68.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -68.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation