Org.nr 926 156 845 2022 → 2023 Year-over-year analysis

AGORAVERA AS: årsregnskap 2023 vs 2022

Shrank 67% on revenue

approved 2024-06-10; registry 2024-06-12; journal 2024 502408

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGORAVERA AS. Revenue 41.1k NOK → 13.4k NOK (-67.4%). Net result -274.5k NOK → -307.3k NOK. Equity -549.6k NOK → -856.9k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGORAVERA AS.

Scorecard

Revenue
41.1k NOK 13.4k NOK
-67.4%
Operating result
-271.8k NOK -305.5k NOK
-12.4%
Net result
-274.5k NOK -307.3k NOK
-12.0%
Equity
-549.6k NOK -856.9k NOK
-55.9%
Cash
329 NOK 3 258 NOK
+890.3%
Total assets
208.4k NOK 223.0k NOK
+7.0%

What improved

  • ↑

    Cash rose

    Bank deposits 329 NOK → 3 258 NOK (+890.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.1k NOK to 13.4k NOK (-67.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -271.8k NOK → -305.5k NOK (op. margin -661.1% → -2277.4%). Calculated

  • ↓

    Net result weakened

    Net result -274.5k NOK → -307.3k NOK (net margin -667.7% → -2291.3%). Calculated

  • ↓

    Equity eroded

    Book equity -549.6k NOK → -856.9k NOK (equity ratio -263.7% → -384.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -384.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 90.3k NOK → 22.6k NOK (-75.0% YoY). Calculated