Org.nr 989 500 988 2021 → 2022 Year-over-year analysis

AGORA CREATIVE AS: årsregnskap 2022 vs 2021

Grew 1919% on revenue, weaker earnings

approved 2023-06-02; registry 2023-07-18; journal 2023 589831

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGORA CREATIVE AS. Revenue 504 NOK → 10.2k NOK (+1918.7%). Net result -238.1k NOK → -855.7k NOK. Equity 7.81m NOK → -42.2k NOK.

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

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGORA CREATIVE AS.

Scorecard

Revenue
504 NOK 10.2k NOK
+1918.7%
Operating result
-69.7k NOK -1.81m NOK
-2488.8%
Net result
-238.1k NOK -855.7k NOK
-259.4%
Equity
7.81m NOK -42.2k NOK
-100.5%
Cash
13.0k NOK 29.9k NOK
+129.0%
Total assets
2.76m NOK 1.86m NOK
-32.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 504 NOK to 10.2k NOK (+1918.7% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 13.0k NOK → 29.9k NOK (+129.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -69.7k NOK → -1.81m NOK (op. margin -13838.1% → -17746.2%). Calculated

  • ↓

    Net result weakened

    Net result -238.1k NOK → -855.7k NOK (net margin -47241.1% → -8410.7%). Calculated

  • ↓

    Equity eroded

    Book equity 7.81m NOK → -42.2k NOK (equity ratio 283.3% → -2.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 743.3k NOK → 1.67m NOK. Reported fact