AGRO MASKINSERVICE AS: årsregnskap 2023 vs 2022
Grew 42% on revenue, weaker earnings
approved 2024-03-07; registry 2024-03-13; journal 2024 326007
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRO MASKINSERVICE AS. Revenue 5.91m NOK → 8.40m NOK (+42.2%). Net result +534.7k NOK → +373.5k NOK. Equity 529.1k NOK → 602.6k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO MASKINSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.91m NOK to 8.40m NOK (+42.2% YoY). Calculated
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↑
Equity strengthened
Book equity 529.1k NOK → 602.6k NOK (equity ratio 27.3% → 30.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +684.0k NOK → +480.4k NOK (op. margin 11.6% → 5.7%). Calculated
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↓
Net result weakened
Net result +534.7k NOK → +373.5k NOK (net margin 9.0% → 4.4%). Calculated
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↓
Cash fell
Bank deposits 991.6k NOK → 590.1k NOK (-40.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 422 NOK → 3.27m NOK (0% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 152 NOK → 3.58m NOK (+166343.2% YoY). Calculated