FirmaIQ
Org.nr 996 738 574 2022 → 2023 Year-over-year analysis

AGR SOFTWARE AS: årsregnskap 2023 vs 2022

Grew 11% on revenue, stronger earnings

registry 2024-07-18; journal 2024 642383

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGR SOFTWARE AS. Revenue 16.22m NOK → 18.03m NOK (+11.2%). Net result +493.2k NOK → +4.04m NOK. Equity 20.37m NOK → 24.41m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGR SOFTWARE AS.

At a glance

Scorecard

Revenue
16.22m NOK 18.03m NOK
+11.2%
Operating result
+206.8k NOK +4.99m NOK
+2311.5%
Net result
+493.2k NOK +4.04m NOK
+720.0%
Equity
20.37m NOK 24.41m NOK
+19.9%
Cash
302.1k NOK 277.0k NOK
-8.3%
Total assets
32.55m NOK 39.24m NOK
+20.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 16.22m NOK to 18.03m NOK (+11.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +206.8k NOK → +4.99m NOK (op. margin 1.3% → 27.7%). Calculated

  • ↑

    Net result improved

    Net result +493.2k NOK → +4.04m NOK (net margin 3.0% → 22.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 20.37m NOK → 24.41m NOK (equity ratio 62.6% → 62.2%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 21.51m NOK → 23.31m NOK (+1.80m NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 302.1k NOK → 277.0k NOK (-8.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.38m NOK → 1.75m NOK (+26.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 8 → 6.7. Reported fact