Org.nr 818 390 432 2022 → 2023 Year-over-year analysis

AGROIT AS: årsregnskap 2023 vs 2022

Shrank 29% on revenue, returned to profit

approved 2024-06-26; registry 2024-06-29; journal 2024 561325

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGROIT AS. Revenue 774.1k NOK → 552.4k NOK (-28.6%). Net result -57.9k NOK → +4 461 NOK. Equity 6 324 NOK → 10.8k NOK.

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

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AGROIT AS.

Scorecard

Revenue
774.1k NOK 552.4k NOK
-28.6%
Operating result
-74.3k NOK +2 192 NOK
+103.0%
Net result
-57.9k NOK +4 461 NOK
+107.7%
Equity
6 324 NOK 10.8k NOK
+70.5%
Cash
497.3k NOK 398.1k NOK
-20.0%
Total assets
753.1k NOK 623.8k NOK
-17.2%

What improved

  • ↑

    Operating result improved

    Operating result -74.3k NOK → +2 192 NOK (op. margin -9.6% → 0.4%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 57.9k NOK to a profit of 4 461 NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 6 324 NOK → 10.8k NOK (equity ratio 0.8% → 1.7%). Calculated

  • ↑

    Payroll decreased

    Salary cost 366.3k NOK → 355.7k NOK (47% → 64% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 774.1k NOK to 552.4k NOK (-28.6% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 497.3k NOK → 398.1k NOK (-20.0% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact