AGS IT-PARTNER AS: årsregnskap 2022 vs 2021
Grew 31% on revenue, stronger earnings
approved 2023-05-19; registry 2023-06-07; journal 2023 435354
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGS IT-PARTNER AS. Revenue 60.35m NOK → 78.93m NOK (+30.8%). Net result +1.17m NOK → +2.36m NOK. Equity 10.26m NOK → 5.10m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 60.35m NOK to 78.93m NOK (+30.8% YoY). Calculated
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Operating result improved
Operating result +325.8k NOK → +2.81m NOK (op. margin 0.5% → 3.6%). Calculated
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Net result improved
Net result +1.17m NOK → +2.36m NOK (net margin 1.9% → 3.0%). Calculated
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Cash rose
Bank deposits 6.63m NOK → 7.43m NOK (+12.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 10.26m NOK → 5.10m NOK (equity ratio 42.1% → 19.5%). Calculated
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Current ratio dropped below 1×
Current ratio 1.10× → 0.80× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 4.17m NOK → 4.09m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 22.32m NOK → 25.69m NOK (37% → 33% of revenue). Calculated
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COGS moved
COGS / varekostnad 30.79m NOK → 43.26m NOK (+40.5% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 28 → 37. Reported fact