AGV5 AS: årsregnskap 2023 vs 2022
Grew 38% on revenue, weaker earnings
approved 2024-04-29; registry 2024-05-28; journal 2024 448267
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGV5 AS. Revenue 49.4k NOK → 68.1k NOK (+37.9%). Net result -664.7k NOK → -1.62m NOK. Equity -1.24m NOK → -2.86m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for AGV5 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 49.4k NOK to 68.1k NOK (+37.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -493.7k NOK → -632.9k NOK (op. margin -999.5% → -929.3%). Calculated
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↓
Net result weakened
Net result -664.7k NOK → -1.62m NOK (net margin -1345.7% → -2374.0%). Calculated
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↓
Equity eroded
Book equity -1.24m NOK → -2.86m NOK (equity ratio -6.9% → -58.0%). Calculated
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↓
Cash fell
Bank deposits 394.6k NOK → 208.1k NOK (-47.3% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -58.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2.44m NOK → 2.47m NOK (4940% → 3631% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 15.0k NOK. Reported fact