ALGIZ AS: årsregnskap 2023 vs 2022
Slipped into loss, cash halved-plus
approved 2024-08-01; registry 2024-08-07; journal 2024 719009
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ALGIZ AS. Net result 0 NOK → -11.3k NOK. Equity 30.0k NOK → 18.7k NOK.
Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for ALGIZ AS.
At a glance
Scorecard
What deteriorated
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Operating result weakened
Operating result 0 NOK → -13.8k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 0 NOK profit to a loss of 11.3k NOK. Calculated
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↓
Equity eroded
Book equity 30.0k NOK → 18.7k NOK (equity ratio 100.0% → 4.2%). Calculated
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↓
Cash fell
Bank deposits 30.0k NOK → 5 396 NOK (-82.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation