AGRICO AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus
approved 2023-07-18; registry 2023-08-19; journal 2023 700834
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRICO AS. Net result -1 440 NOK → -101.6k NOK. Equity 23.0k NOK → -78.6k NOK.
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 AGRICO AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -1 440 NOK → -18.1k NOK. Calculated
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↓
Net result weakened
Net result -1 440 NOK → -101.6k NOK. Calculated
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↓
Equity eroded
Book equity 23.0k NOK → -78.6k NOK (equity ratio 100.0% → -0.9%). Calculated
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↓
Cash fell
Bank deposits 23.0k NOK → 8 119 NOK (-64.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 139 NOK → 8 402 NOK. Reported fact