Org.nr 912 349 462 2023 → 2024 Year-over-year analysis

AGRITRADE AS: årsregnskap 2024 vs 2023

Shrank 12% on revenue, stronger earnings, cash halved-plus

approved 2025-05-09; registry 2025-05-15; journal 2025 436144

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGRITRADE AS. Revenue 1.65m NOK → 1.45m NOK (-11.6%). Net result +84.4k NOK → +104.8k NOK. Equity 912.3k NOK → 17.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cogs moved.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRITRADE AS.

Scorecard

Revenue
1.65m NOK 1.45m NOK
-11.6%
Operating result
+216.8k NOK +231.8k NOK
+7.0%
Net result
+84.4k NOK +104.8k NOK
+24.2%
Equity
912.3k NOK 17.1k NOK
-98.1%
Cash
1 189 NOK 290 NOK
-75.6%
Total assets
2.21m NOK 2.27m NOK
+2.9%

What improved

  • ↑

    Operating result improved

    Operating result +216.8k NOK → +231.8k NOK (op. margin 13.2% → 15.9%). Calculated

  • ↑

    Net result improved

    Net result +84.4k NOK → +104.8k NOK (net margin 5.1% → 7.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.65m NOK to 1.45m NOK (-11.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 912.3k NOK → 17.1k NOK (equity ratio 41.3% → 0.8%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1 126 NOK → 1.03m NOK (+91782.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation