AGRIPA PROSJEKT AS: årsregnskap 2022 vs 2021
Grew 10% on revenue, slipped into loss, cash halved-plus
approved 2023-10-05; registry 2023-10-12; journal 2023 733957
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRIPA PROSJEKT AS. Revenue 18.17m NOK → 19.94m NOK (+9.8%). Net result +221.8k NOK → -964.9k NOK. Equity 837.3k NOK → -127.6k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; sharp cash drawdown; payroll increased. All figures are taken from the published annual accounts for AGRIPA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 18.17m NOK to 19.94m NOK (+9.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +487.1k NOK → -1.22m NOK (op. margin 2.7% → -6.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 221.8k NOK profit to a loss of 964.9k NOK. Calculated
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↓
Equity eroded
Book equity 837.3k NOK → -127.6k NOK (equity ratio 10.6% → -1.7%). Calculated
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↓
Cash fell
Bank deposits 3.56m NOK → 103.8k NOK (-97.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.56m NOK → 103.8k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Payroll increased
Salary cost 2.68m NOK → 4.19m NOK (15% → 21% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 12.39m NOK → 13.23m NOK (+6.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5 → 6. Reported fact