AGUST AS: årsregnskap 2023 vs 2022
Grew 29% on revenue, stronger earnings, cash halved-plus
approved 2024-07-24; registry 2024-08-01; journal 2024 694179
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGUST AS. Revenue 1.21m NOK → 1.56m NOK (+28.8%). Net result +140.7k NOK → +475.1k NOK. Equity 3.15m NOK → 52.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGUST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.21m NOK to 1.56m NOK (+28.8% YoY). Calculated
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Operating result improved
Operating result +173.7k NOK → +612.7k NOK (op. margin 14.4% → 39.3%). Calculated
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Net result improved
Net result +140.7k NOK → +475.1k NOK (net margin 11.6% → 30.5%). Calculated
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Payroll decreased
Salary cost 1.72m NOK → 592.2k NOK (142% → 38% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 3.15m NOK → 52.1k NOK (equity ratio 1214.5% → 27.5%). Calculated
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↓
Cash fell
Bank deposits 259.1k NOK → 65.6k NOK (-74.7% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 18.0k NOK → 39.3k NOK (+118.4% YoY). Calculated