Org.nr 923 275 223 2021 → 2022 Year-over-year analysis

AGS SOLUTIONS AS: årsregnskap 2022 vs 2021

Stronger earnings

approved 2023-10-06; registry 2023-10-11; journal 2023 733819

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGS SOLUTIONS AS. Revenue 341.8k NOK → 341.8k NOK (0.0%). Net result -2.74m NOK → -1.12m NOK. Equity -4.99m NOK → -6.11m NOK.

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

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGS SOLUTIONS AS.

Scorecard

Revenue
341.8k NOK 341.8k NOK
0.0%
Operating result
-2.72m NOK -1.09m NOK
+59.9%
Net result
-2.74m NOK -1.12m NOK
+59.2%
Equity
-4.99m NOK -6.11m NOK
-22.5%
Cash
154.4k NOK 206.3k NOK
+33.6%
Total assets
369.4k NOK 419.9k NOK
+13.7%

What improved

  • ↑

    Operating result improved

    Operating result -2.72m NOK → -1.09m NOK (op. margin -796.7% → -319.3%). Calculated

  • ↑

    Net result improved

    Net result -2.74m NOK → -1.12m NOK (net margin -802.8% → -327.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 154.4k NOK → 206.3k NOK (+33.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.80m NOK → 1.72m NOK (526% → 502% of revenue). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -4.99m NOK → -6.11m NOK (equity ratio -1351.4% → -1455.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -1455.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 411.3k NOK → 24.0k NOK (-94.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact