FirmaIQ
Org.nr 914 902 371 2021 → 2022 Year-over-year analysis

AGVA KRAFT AS: årsregnskap 2022 vs 2021

Shrank 88% on revenue

approved 2023-09-21; registry 2023-10-07; journal 2023 733281

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AGVA KRAFT AS. Revenue 6.59bn NOK → 765.61m NOK (-88.4%). Net result -45.59m NOK → -52.18m NOK. Equity -35.42m NOK → -87.60m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGVA KRAFT AS.

At a glance

Scorecard

Revenue
6.59bn NOK 765.61m NOK
-88.4%
Operating result
-45.16m NOK -48.53m NOK
-7.5%
Net result
-45.59m NOK -52.18m NOK
-14.5%
Equity
-35.42m NOK -87.60m NOK
-147.3%
Cash
5.53m NOK 2.86m NOK
-48.2%
Total assets
186.86m NOK 90.53m NOK
-51.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.59bn NOK to 765.61m NOK (-88.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -45.16m NOK → -48.53m NOK (op. margin -0.7% → -6.3%). Calculated

  • ↓

    Net result weakened

    Net result -45.59m NOK → -52.18m NOK (net margin -0.7% → -6.8%). Calculated

  • ↓

    Equity eroded

    Book equity -35.42m NOK → -87.60m NOK (equity ratio -19.0% → -96.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.53m NOK → 2.86m NOK (-48.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -96.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 57.14m NOK → 35.76m NOK. Reported fact