Org.nr 929 105 869 2022 → 2023 Year-over-year analysis

AGRIBIOTIX AS: årsregnskap 2023 vs 2022

Grew 112878% on revenue, weaker earnings

approved 2024-04-15; registry 2024-06-06; journal 2024 489468

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGRIBIOTIX AS. Revenue 1 835 NOK → 2.07m NOK (+112878.3%). Net result +3.99m NOK → +118.4k NOK. Equity 1.01m NOK → 1.13m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGRIBIOTIX AS.

Scorecard

Revenue
1 835 NOK 2.07m NOK
+112878.3%
Operating result
+1 258 NOK +125.3k NOK
+9863.6%
Net result
+3.99m NOK +118.4k NOK
-97.0%
Equity
1.01m NOK 1.13m NOK
+11.7%
Cash
1 803 NOK 938.7k NOK
+51965.6%
Total assets
1.83m NOK 1.84m NOK
+1.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 835 NOK to 2.07m NOK (+112878.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 258 NOK → +125.3k NOK (op. margin 68.6% → 6.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.01m NOK → 1.13m NOK (equity ratio 55.4% → 61.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1 803 NOK → 938.7k NOK (+51965.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +3.99m NOK → +118.4k NOK (net margin 217254.8% → 5.7%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1 114 NOK → 1.07m NOK (61% → 52% of revenue). Calculated