FirmaIQ
Org.nr 928 156 540 2022 → 2023 Year-over-year analysis

AGT AS: årsregnskap 2023 vs 2022

Grew 96% on revenue, stronger earnings, cash halved-plus

approved 2024-03-11; registry 2024-03-13; journal 2024 326362

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGT AS. Revenue 2.42m NOK → 4.74m NOK (+95.6%). Net result +162.0k NOK → +389.5k NOK. Equity 186.8k NOK → 526.3k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

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

At a glance

Scorecard

Revenue
2.42m NOK 4.74m NOK
+95.6%
Operating result
+209.1k NOK +502.6k NOK
+140.3%
Net result
+162.0k NOK +389.5k NOK
+140.4%
Equity
186.8k NOK 526.3k NOK
+181.7%
Cash
441.4k NOK 135.5k NOK
-69.3%
Total assets
781.6k NOK 570.8k NOK
-27.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.42m NOK to 4.74m NOK (+95.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +209.1k NOK → +502.6k NOK (op. margin 8.6% → 10.6%). Calculated

  • ↑

    Net result improved

    Net result +162.0k NOK → +389.5k NOK (net margin 6.7% → 8.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 186.8k NOK → 526.3k NOK (equity ratio 23.9% → 92.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.78× → 4.73×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 441.4k NOK → 135.5k NOK (-69.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 383.3k NOK → 18.6k NOK (-95.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 5.5. Reported fact