Org.nr 826 909 412 2022 → 2023 Year-over-year analysis

AGNE STRØM AS: årsregnskap 2023 vs 2022

Shrank 68% on revenue, stronger earnings, cash halved-plus

approved 2024-04-23; registry 2024-04-25; journal 2024 375985

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGNE STRØM AS. Revenue 854.9k NOK → 274.7k NOK (-67.9%). Net result +101.3k NOK → +283.8k NOK. Equity 209.9k NOK → 493.7k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; cogs moved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGNE STRØM AS.

Scorecard

Revenue
854.9k NOK 274.7k NOK
-67.9%
Operating result
+265.0k NOK +481.4k NOK
+81.7%
Net result
+101.3k NOK +283.8k NOK
+180.1%
Equity
209.9k NOK 493.7k NOK
+135.2%
Cash
380.3k NOK 15.1k NOK
-96.0%
Total assets
4.96m NOK 4.84m NOK
-2.5%

What improved

  • ↑

    Operating result improved

    Operating result +265.0k NOK → +481.4k NOK (op. margin 31.0% → 175.2%). Calculated

  • ↑

    Net result improved

    Net result +101.3k NOK → +283.8k NOK (net margin 11.9% → 103.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 209.9k NOK → 493.7k NOK (equity ratio 4.2% → 10.2%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.33× → 2.90×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 854.9k NOK to 274.7k NOK (-67.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 380.3k NOK → 15.1k NOK (-96.0% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 64.2k NOK → 247.7k NOK (+286.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1 375 NOK → 1.38m NOK. Reported fact