Org.nr 911 734 400 2022 → 2023 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2023 vs 2022

Shrank 83% on revenue, weaker earnings

approved 2024-09-12; registry 2024-09-18; journal 2024 747834

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGRITEKNIKK HOLDING AS. Revenue 6.01m NOK → 1.01m NOK (-83.2%). Net result -465.9k NOK → -1.76m NOK. Equity 1.96m NOK → 201.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGRITEKNIKK HOLDING AS.

Scorecard

Revenue
6.01m NOK 1.01m NOK
-83.2%
Operating result
-565.4k NOK -1.51m NOK
-166.5%
Net result
-465.9k NOK -1.76m NOK
-277.3%
Equity
1.96m NOK 201.1k NOK
-89.7%
Cash
41.6k NOK 41.6k NOK
0.0%
Total assets
n/m 2.15m NOK
—

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.01m NOK to 1.01m NOK (-83.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -565.4k NOK → -1.51m NOK (op. margin -9.4% → -149.0%). Calculated

  • ↓

    Net result weakened

    Net result -465.9k NOK → -1.76m NOK (net margin -7.7% → -173.8%). Calculated

  • ↓

    Equity eroded

    Book equity 1.96m NOK → 201.1k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 358.4k NOK → 595.6k NOK (6% → 59% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 5.47m NOK → 822.4k NOK (-85.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact