Org.nr 925 908 746 2023 → 2024 Year-over-year analysis

AGRO-MASKIN AS: årsregnskap 2024 vs 2023

Shrank 14% on revenue, returned to profit

approved 2025-03-12; registry 2025-03-19; journal 2025 337782

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGRO-MASKIN AS. Revenue 10.58m NOK → 9.14m NOK (-13.6%). Net result -4 774 NOK → +777.1k NOK. Equity 1.44m NOK → 2.22m NOK.

On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGRO-MASKIN AS.

Scorecard

Revenue
10.58m NOK 9.14m NOK
-13.6%
Operating result
+278.2k NOK +261.7k NOK
-5.9%
Net result
-4 774 NOK +777.1k NOK
+16377.9%
Equity
1.44m NOK 2.22m NOK
+54.0%
Cash
107.4k NOK 659.5k NOK
+513.8%
Total assets
7.19m NOK 6.69m NOK
-7.0%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 4 774 NOK to a profit of 777.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.44m NOK → 2.22m NOK (equity ratio 20.0% → 33.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 107.4k NOK → 659.5k NOK (+513.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.82m NOK → 1.09m NOK (17% → 12% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 10.58m NOK to 9.14m NOK (-13.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +278.2k NOK → +261.7k NOK (op. margin 2.6% → 2.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.81m NOK → 3.82m NOK (-20.6% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 534.2k NOK → 1.47m NOK. Reported fact