AGS IT-PARTNER AS: årsregnskap 2023 vs 2022
Stronger earnings
approved 2024-05-10; registry 2024-06-04; journal 2024 419628
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGS IT-PARTNER AS. Revenue 78.93m NOK → 78.02m NOK (-1.1%). Net result +2.36m NOK → +5.90m NOK. Equity 5.10m NOK → 4.40m NOK.
On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGS IT-PARTNER AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +2.36m NOK → +5.90m NOK (net margin 3.0% → 7.6%). Calculated
-
↑
Cash rose
Bank deposits 7.43m NOK → 8.62m NOK (+15.9% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.80× → 1.17×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 78.93m NOK to 78.02m NOK (-1.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +2.81m NOK → +388.8k NOK (op. margin 3.6% → 0.5%). Calculated
-
↓
Equity eroded
Book equity 5.10m NOK → 4.40m NOK (equity ratio 19.5% → 22.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 25.69m NOK → 28.35m NOK (33% → 36% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 43.26m NOK → 39.28m NOK (-9.2% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 37 → 34. Reported fact