AGRO IMPORT AS: årsregnskap 2023 vs 2022
Shrank 12% on revenue, stronger earnings, cash halved-plus
approved 2024-03-04; registry 2024-05-06; journal 2024 397541
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRO IMPORT AS. Revenue 284.6k NOK → 250.5k NOK (-12.0%). Net result -106.8k NOK → -50.4k NOK. Equity 101.3k NOK → 50.9k NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRO IMPORT AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -135.6k NOK → -62.2k NOK (op. margin -47.6% → -24.8%). Calculated
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↑
Net result improved
Net result -106.8k NOK → -50.4k NOK (net margin -37.5% → -20.1%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 284.6k NOK to 250.5k NOK (-12.0% YoY). Calculated
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↓
Equity eroded
Book equity 101.3k NOK → 50.9k NOK (equity ratio 76.1% → 47.9%). Calculated
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↓
Cash fell
Bank deposits 37.8k NOK → 444 NOK (-98.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.29× → 0.12× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 265.9k NOK → 175.8k NOK (-33.9% YoY). Calculated