Org.nr 925 879 185 2023 → 2024 Year-over-year analysis

AGRIM AS: årsregnskap 2024 vs 2023

Shrank 7% on revenue, stronger earnings, cash halved-plus

approved 2025-05-20; registry 2025-07-22; journal 2025 696725

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGRIM AS. Revenue 6.95m NOK → 6.47m NOK (-6.9%). Net result -4.41m NOK → -1.91m NOK. Equity -4.25m NOK → -6.15m NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRIM AS.

Scorecard

Revenue
6.95m NOK 6.47m NOK
-6.9%
Operating result
-4.25m NOK -1.67m NOK
+60.6%
Net result
-4.41m NOK -1.91m NOK
+56.8%
Equity
-4.25m NOK -6.15m NOK
-44.9%
Cash
962.3k NOK 162.7k NOK
-83.1%
Total assets
2.91m NOK 2.33m NOK
-19.8%

What improved

  • ↑

    Operating result improved

    Operating result -4.25m NOK → -1.67m NOK (op. margin -61.2% → -25.9%). Calculated

  • ↑

    Net result improved

    Net result -4.41m NOK → -1.91m NOK (net margin -63.5% → -29.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 4.78m NOK → 3.98m NOK (69% → 62% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.95m NOK to 6.47m NOK (-6.9% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -4.25m NOK → -6.15m NOK (equity ratio -146.2% → -264.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 962.3k NOK → 162.7k NOK (-83.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -264.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 4.68m NOK → 3.17m NOK (-32.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 78.2k NOK → 101.0k NOK. Reported fact