Org.nr 925 209 023 2022 → 2023 Year-over-year analysis

AGOJAN HOLDING AS: årsregnskap 2023 vs 2022

Shrank 66% on revenue, returned to profit

approved 2024-06-30; registry 2024-08-17; journal 2024 730967

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGOJAN HOLDING AS. Revenue 174.0k NOK → 60.0k NOK (-65.5%). Net result -606.7k NOK → +1.01m NOK. Equity 10.74m NOK → 10.61m NOK.

On the constructive side: turned profitable; cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGOJAN HOLDING AS.

Scorecard

Revenue
174.0k NOK 60.0k NOK
-65.5%
Operating result
-44.2k NOK -91.3k NOK
-106.5%
Net result
-606.7k NOK +1.01m NOK
+267.3%
Equity
10.74m NOK 10.61m NOK
-1.2%
Cash
22.5k NOK 4.03m NOK
+17838.0%
Total assets
13.04m NOK 10.62m NOK
-18.6%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 606.7k NOK to a profit of 1.01m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 22.5k NOK → 4.03m NOK (+17838.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 174.0k NOK to 60.0k NOK (-65.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -44.2k NOK → -91.3k NOK (op. margin -25.4% → -152.2%). Calculated

  • ↓

    Equity eroded

    Book equity 10.74m NOK → 10.61m NOK (equity ratio 82.3% → 99.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 49.7k NOK → 1 NOK. Reported fact