AGRITECH AS: årsregnskap 2023 vs 2022
Grew 74% on revenue, stronger earnings
approved 2024-06-17; registry 2024-06-20; journal 2024 522740
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRITECH AS. Revenue 1.02m NOK → 1.78m NOK (+73.8%). Net result +19.0k NOK → +54.6k NOK. Equity 43.5k NOK → 98.1k NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGRITECH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 1.02m NOK to 1.78m NOK (+73.8% YoY). Calculated
-
↑
Operating result improved
Operating result +24.4k NOK → +83.4k NOK (op. margin 2.4% → 4.7%). Calculated
-
↑
Net result improved
Net result +19.0k NOK → +54.6k NOK (net margin 1.9% → 3.1%). Calculated
-
↑
Equity strengthened
Book equity 43.5k NOK → 98.1k NOK (equity ratio 16.1% → 18.4%). Calculated
-
↑
Cash rose
Bank deposits 42.0k NOK → 325.2k NOK (+674.7% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 531 NOK → 2.75m NOK (0% → 154% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 113.6k NOK → 393.6k NOK (+246.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 115.1k NOK → 90.9k NOK. Reported fact