AGNES 1 AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-03-14; registry 2023-03-30; journal 2023 340671
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGNES 1 AS. Revenue 566.1k NOK → 575.9k NOK (+1.7%). Net result -1.28m NOK → -1.67m NOK. Equity 1.31m NOK → -362.3k NOK.
On the constructive side: revenue 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 AGNES 1 AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 566.1k NOK to 575.9k NOK (+1.7% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -1.25m NOK → -1.64m NOK (op. margin -220.9% → -284.8%). Calculated
-
↓
Net result weakened
Net result -1.28m NOK → -1.67m NOK (net margin -226.4% → -290.3%). Calculated
-
↓
Equity eroded
Book equity 1.31m NOK → -362.3k NOK (equity ratio 7.7% → -2.2%). Calculated
-
↓
Cash fell
Bank deposits 270.4k NOK → 100.4k NOK (-62.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation