Org.nr 920 828 248 2021 → 2022 Year-over-year analysis

AGNIROM AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-06-18; registry 2023-06-22; journal 2023 508040

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGNIROM AS. Revenue 255.9k NOK → 250.8k NOK (-2.0%). Net result -128.5k NOK → -16.3k NOK. Equity -398.8k NOK → -415.1k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; cogs moved.

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

Scorecard

Revenue
255.9k NOK 250.8k NOK
-2.0%
Operating result
-128.6k NOK -16.8k NOK
+86.9%
Net result
-128.5k NOK -16.3k NOK
+87.3%
Equity
-398.8k NOK -415.1k NOK
-4.1%
Cash
30.3k NOK 32.2k NOK
+6.4%
Total assets
258.4k NOK 232.0k NOK
-10.2%

What improved

  • ↑

    Operating result improved

    Operating result -128.6k NOK → -16.8k NOK (op. margin -50.3% → -6.7%). Calculated

  • ↑

    Net result improved

    Net result -128.5k NOK → -16.3k NOK (net margin -50.2% → -6.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 30.3k NOK → 32.2k NOK (+6.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.14m NOK → 4 NOK (1620% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 255.9k NOK to 250.8k NOK (-2.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -398.8k NOK → -415.1k NOK (equity ratio -154.3% → -178.9%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 96.6k NOK → 111.6k NOK (+15.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -178.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation