AGS HOLDING GJØVIK AS: årsregnskap 2023 vs 2022
Shrank 13% on revenue, returned to profit
approved 2024-06-14; registry 2024-06-17; journal 2024 515908
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGS HOLDING GJØVIK AS. Revenue 59.6k NOK → 52.0k NOK (-12.7%). Net result -223.1k NOK → +429.2k NOK. Equity 991.6k NOK → 420.8k NOK.
On the constructive side: operating result improved; turned profitable; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGS HOLDING GJØVIK AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -23.5k NOK → -20.8k NOK (op. margin -39.5% → -40.0%). Calculated
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Turned profitable
Net result flipped from a loss of 223.1k NOK to a profit of 429.2k NOK. Calculated
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Cash rose
Bank deposits 114.3k NOK → 211.2k NOK (+84.8% YoY). Calculated
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Current ratio back above 1×
Current ratio 0.68× → 25.52×. Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 59.6k NOK to 52.0k NOK (-12.7% YoY). Calculated
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Equity eroded
Book equity 991.6k NOK → 420.8k NOK (equity ratio 75.8% → 29.3%). Calculated
Things to notice
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COGS fell
COGS / varekostnad 33.9k NOK → 21.7k NOK (-36.1% YoY). Calculated