3B AGRO AS: årsregnskap 2023 vs 2022
Grew 22% on revenue, weaker earnings, cash halved-plus
approved 2024-07-05; registry 2024-07-13; journal 2024 618839
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for 3B AGRO AS. Revenue 16.46m NOK → 20.02m NOK (+21.6%). Net result +283.6k NOK → +216.7k NOK. Equity 200.4k NOK → 2.42m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 3B AGRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.46m NOK to 20.02m NOK (+21.6% YoY). Calculated
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↑
Equity strengthened
Book equity 200.4k NOK → 2.42m NOK (equity ratio 2.0% → 20.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.75m NOK → +511.5k NOK (op. margin 10.6% → 2.6%). Calculated
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↓
Net result weakened
Net result +283.6k NOK → +216.7k NOK (net margin 1.7% → 1.1%). Calculated
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↓
Cash fell
Bank deposits 358.5k NOK → 163.1k NOK (-54.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.25m NOK → 3.26m NOK (14% → 16% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.68m NOK → 11.69m NOK (+34.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 200 NOK → 44.3k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact