FirmaIQ
Org.nr 933 491 048 2022 → 2023 Year-over-year analysis

AGS BATTERISERVICE AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, stronger earnings

approved 2024-08-27; registry 2024-09-05; journal 2024 743304

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGS BATTERISERVICE AS. Revenue 4.86m NOK → 5.36m NOK (+10.2%). Net result -617.2k NOK → -222.0k NOK. Equity 1.26m NOK → 1.04m NOK.

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

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGS BATTERISERVICE AS.

At a glance

Scorecard

Revenue
4.86m NOK 5.36m NOK
+10.2%
Operating result
-743.0k NOK -196.9k NOK
+73.5%
Net result
-617.2k NOK -222.0k NOK
+64.0%
Equity
1.26m NOK 1.04m NOK
-17.7%
Cash
617.0k NOK 691.5k NOK
+12.1%
Total assets
2.34m NOK 2.61m NOK
+11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.86m NOK to 5.36m NOK (+10.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -743.0k NOK → -196.9k NOK (op. margin -15.3% → -3.7%). Calculated

  • ↑

    Net result improved

    Net result -617.2k NOK → -222.0k NOK (net margin -12.7% → -4.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 617.0k NOK → 691.5k NOK (+12.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.72m NOK → 2 NOK (56% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.26m NOK → 1.04m NOK (equity ratio 53.7% → 39.8%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.18m NOK → 3.92m NOK (+23.3% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact