.EAGL TECHNOLOGIES AS: årsregnskap 2022 vs 2021
Shrank 94% on revenue, weaker earnings
approved 2023-06-15; registry 2023-06-29; journal 2023 541427
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for .EAGL TECHNOLOGIES AS. Revenue 378.4k NOK → 23.8k NOK (-93.7%). Net result -3.52m NOK → -5.02m NOK. Equity 69.1k NOK → -2.95m NOK.
On the constructive side: cash rose; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for .EAGL TECHNOLOGIES AS.
At a glance
Scorecard
What improved
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Cash rose
Bank deposits 372.4k NOK → 1.91m NOK (+412.0% YoY). Calculated
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Current ratio back above 1×
Current ratio -5.10× → 2.81×. Calculated
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↑
Owners injected capital
Paid-in equity rose 5.89m NOK → 5.89m NOK (+1 142 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 378.4k NOK to 23.8k NOK (-93.7% YoY). Calculated
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Operating result weakened
Operating result -3.52m NOK → -4.77m NOK (op. margin -931.0% → -20021.3%). Calculated
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↓
Net result weakened
Net result -3.52m NOK → -5.02m NOK (net margin -931.5% → -21074.4%). Calculated
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↓
Equity eroded
Book equity 69.1k NOK → -2.95m NOK (equity ratio 1.6% → -64.8%). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 4.00m NOK (0% → 16785% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -64.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 569.8k NOK → -107.2k NOK (-118.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 3.5 → 7. Reported fact