Org.nr 921 310 358 2022 → 2023 Year-over-year analysis

AGRI BYGG LEVANGER AS: årsregnskap 2023 vs 2022

Grew 6% on revenue, stronger earnings, fresh owner capital

registry 2024-03-25; journal 2024 335891

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGRI BYGG LEVANGER AS. Revenue 1.04m NOK → 1.10m NOK (+5.9%). Net result +114.7k NOK → +175.8k NOK. Equity 125.1k NOK → 526.1k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRI BYGG LEVANGER AS.

Scorecard

Revenue
1.04m NOK 1.10m NOK
+5.9%
Operating result
+408.8k NOK +423.3k NOK
+3.5%
Net result
+114.7k NOK +175.8k NOK
+53.2%
Equity
125.1k NOK 526.1k NOK
+320.6%
Cash
813.3k NOK 996.6k NOK
+22.5%
Total assets
9.16m NOK 45.53m NOK
+397.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.04m NOK to 1.10m NOK (+5.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +408.8k NOK → +423.3k NOK (op. margin 39.3% → 38.4%). Calculated

  • ↑

    Net result improved

    Net result +114.7k NOK → +175.8k NOK (net margin 11.0% → 16.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 125.1k NOK → 526.1k NOK (equity ratio 1.4% → 1.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 813.3k NOK → 996.6k NOK (+22.5% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.12× → 0.02× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation