Org.nr 979 596 812 2023 → 2024 Year-over-year analysis

AGRA AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-05-08; registry 2025-08-12; journal 2025 723016

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGRA AS. Revenue 2 925 NOK → 2 925 NOK (0.0%). Net result +386.4k NOK → +343.15m NOK. Equity 3.42bn NOK → 3.63bn NOK.

On the constructive side: net result improved; equity strengthened. Pressures included: operating result weakened; cash fell; payroll up without matching revenue.

Also worth watching: sharp cash drawdown; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRA AS.

Scorecard

Revenue
2 925 NOK 2 925 NOK
0.0%
Operating result
-35.94m NOK -47.41m NOK
-31.9%
Net result
+386.4k NOK +343.15m NOK
+88708.5%
Equity
3.42bn NOK 3.63bn NOK
+6.1%
Cash
165.90m NOK 111.0k NOK
-99.9%
Total assets
4.06bn NOK 4.97bn NOK
+22.4%

What improved

  • ↑

    Net result improved

    Net result +386.4k NOK → +343.15m NOK (net margin 13209.9% → 11731555.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.42bn NOK → 3.63bn NOK (equity ratio 84.2% → 73.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -35.94m NOK → -47.41m NOK (op. margin -1228820.5% → -1620854.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 165.90m NOK → 111.0k NOK (-99.9% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2.46m NOK → 2.79m NOK (84068% → 95214% of revenue). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (165.90m NOK → 111.0k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 2.57bn NOK → 2.40bn NOK (-6.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3.66bn NOK → 4.61bn NOK. Reported fact