FirmaIQ
Org.nr 922 949 964 2021 → 2022 Year-over-year analysis

AGRAS AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-05-25; registry 2023-05-31; journal 2023 442280

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AGRAS AS. Net result -142.9k NOK → -30.5k NOK. Equity -221.8k NOK → -252.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

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

At a glance

Scorecard

Operating result
-183.2k NOK -39.1k NOK
+78.6%
Net result
-142.9k NOK -30.5k NOK
+78.6%
Equity
-221.8k NOK -252.3k NOK
-13.8%
Cash
15.8k NOK 3 542 NOK
-77.6%
Total assets
40.3k NOK 4.53m NOK
+11139.2%

What improved

  • ↑

    Operating result improved

    Operating result -183.2k NOK → -39.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -142.9k NOK → -30.5k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -221.8k NOK → -252.3k NOK (equity ratio -550.7% → -5.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.8k NOK → 3 542 NOK (-77.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5719.01× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.94m NOK → 4.43m NOK. Reported fact