AGNES RENHOLD AS: årsregnskap 2022 vs 2021
Grew 21% on revenue, weaker earnings
approved 2023-07-30; registry 2023-08-14; journal 2023 676488
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGNES RENHOLD AS. Revenue 1.17m NOK → 1.41m NOK (+20.5%). Net result -23.8k NOK → -100.2k NOK. Equity -147.1k NOK → -247.3k 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 RENHOLD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.17m NOK to 1.41m NOK (+20.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -24.0k NOK → -99.0k NOK (op. margin -2.0% → -7.0%). Calculated
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↓
Net result weakened
Net result -23.8k NOK → -100.2k NOK (net margin -2.0% → -7.1%). Calculated
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↓
Equity eroded
Book equity -147.1k NOK → -247.3k NOK (equity ratio -50.6% → -160.0%). Calculated
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↓
Cash fell
Bank deposits 231.3k NOK → 122.8k NOK (-46.9% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -160.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation