FirmaIQ
Org.nr 866 989 532 2022 → 2023 Year-over-year analysis

AGRAF HOLDING AS: årsregnskap 2023 vs 2022

Grew 125% on revenue, stronger earnings, cash halved-plus

approved 2024-06-28; registry 2024-09-04; journal 2024 741213

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AGRAF HOLDING AS. Revenue 1.93m NOK → 4.35m NOK (+125.0%). Net result +2.03m NOK → +4.01m NOK. Equity 16.64m NOK → 20.65m NOK.

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

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

At a glance

Scorecard

Revenue
1.93m NOK 4.35m NOK
+125.0%
Operating result
+1.84m NOK +4.16m NOK
+125.9%
Net result
+2.03m NOK +4.01m NOK
+97.9%
Equity
16.64m NOK 20.65m NOK
+24.1%
Cash
687.0k NOK 189.9k NOK
-72.4%
Total assets
27.70m NOK 28.48m NOK
+2.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.93m NOK to 4.35m NOK (+125.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.84m NOK → +4.16m NOK (op. margin 95.3% → 95.6%). Calculated

  • ↑

    Net result improved

    Net result +2.03m NOK → +4.01m NOK (net margin 104.9% → 92.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 16.64m NOK → 20.65m NOK (equity ratio 60.1% → 72.5%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.50× → 1.61×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 687.0k NOK → 189.9k NOK (-72.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 17.72m NOK → 14.42m NOK. Reported fact