AGNES RENHOLD AS: årsregnskap 2023 vs 2022
Grew 28% on revenue, weaker earnings
approved 2024-07-28; registry 2024-08-07; journal 2024 685866
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGNES RENHOLD AS. Revenue 1.41m NOK → 1.81m NOK (+28.5%). Net result -100.2k NOK → -2.63m NOK. Equity -247.3k NOK → -2.88m NOK.
On the constructive side: revenue rose; operating result improved; current ratio back above 1×. Pressures included: net result weakened; equity eroded; cash fell.
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 1.41m NOK to 1.81m NOK (+28.5% YoY). Calculated
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↑
Operating result improved
Operating result -99.0k NOK → +312.6k NOK (op. margin -7.0% → 17.2%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.38× → 1.61×. Calculated
What deteriorated
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↓
Net result weakened
Net result -100.2k NOK → -2.63m NOK (net margin -7.1% → -145.0%). Calculated
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↓
Equity eroded
Book equity -247.3k NOK → -2.88m NOK (equity ratio -160.0% → -888.4%). Calculated
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↓
Cash fell
Bank deposits 122.8k NOK → 93.7k NOK (-23.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -888.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation