AGRI MIDT-NORGE AS: årsregnskap 2024 vs 2023
Grew 100018159% on revenue, weaker earnings, cash halved-plus
approved 2025-05-22; registry 2025-06-16; journal 2025 516492
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGRI MIDT-NORGE AS. Revenue 706 NOK → 706.13m NOK (+100018159.3%). Net result +13.17m NOK → +6.08m NOK. Equity 104.24m NOK → 72.54m NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRI MIDT-NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 706 NOK to 706.13m NOK (+100018159.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 44.59m NOK → 62.30m NOK (+17.70m NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +26.30m NOK → -838.9k NOK (op. margin 3724764.6% → -0.1%). Calculated
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↓
Net result weakened
Net result +13.17m NOK → +6.08m NOK (net margin 1865212.7% → 0.9%). Calculated
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↓
Equity eroded
Book equity 104.24m NOK → 72.54m NOK (equity ratio 21.6% → 29.1%). Calculated
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↓
Cash fell
Bank deposits 6.97m NOK → 5 196 NOK (-99.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (6.97m NOK → 5 196 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 79.9k NOK → 86.24m NOK (11318% → 12% of revenue). Calculated
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COGS moved
COGS / varekostnad 547.6k NOK → 526.85m NOK (+96112.2% YoY). Calculated
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Book investments changed
Investment / intangible book value 39.09m NOK → 5 NOK. Reported fact