AGRIC AS: årsregnskap 2023 vs 2022
Grew 532% on revenue, weaker earnings, cash halved-plus
approved 2024-07-10; registry 2024-07-20; journal 2024 649694
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRIC AS. Revenue 20.0k NOK → 126.5k NOK (+532.5%). Net result -155.6k NOK → -485.3k NOK. Equity 55.5k NOK → 87.6k NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGRIC AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 20.0k NOK to 126.5k NOK (+532.5% YoY). Calculated
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↑
Equity strengthened
Book equity 55.5k NOK → 87.6k NOK (equity ratio 19.6% → 3.0%). Calculated
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↑
Owners injected capital
Paid-in equity rose 3.24m NOK → 3.76m NOK (+517.4k NOK). Reported fact
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Payroll decreased
Salary cost 47.8k NOK → 29.8k NOK (239% → 24% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -156.5k NOK → -341.2k NOK (op. margin -782.3% → -269.8%). Calculated
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↓
Net result weakened
Net result -155.6k NOK → -485.3k NOK (net margin -778.2% → -383.7%). Calculated
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↓
Cash fell
Bank deposits 570.4k NOK → 7 983 NOK (-98.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Headcount (årsverk) changed
Reported FTEs 1 → 4. Reported fact