AGS HOLDING AS: årsregnskap 2022 vs 2021
Shrank 11% on revenue, stronger earnings
approved 2023-06-21; registry 2023-07-06; journal 2023 553090
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGS HOLDING AS. Revenue 436.2k NOK → 386.2k NOK (-11.5%). Net result +2.54m NOK → +23.71m NOK. Equity 46.39m NOK → 68.56m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGS HOLDING AS.
At a glance
Scorecard
What improved
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Net result improved
Net result +2.54m NOK → +23.71m NOK (net margin 581.2% → 6138.3%). Calculated
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Equity strengthened
Book equity 46.39m NOK → 68.56m NOK (equity ratio 81.0% → 80.3%). Calculated
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Cash rose
Bank deposits 5.35m NOK → 18.08m NOK (+237.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 436.2k NOK to 386.2k NOK (-11.5% YoY). Calculated
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Operating result weakened
Operating result -799.5k NOK → -1.26m NOK (op. margin -183.3% → -326.7%). Calculated
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Payroll up without matching revenue
Salary cost 509.0k NOK → 868.9k NOK (117% → 225% of revenue). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 9.40m NOK → 11.54m NOK. Reported fact