Org.nr 922 205 612 2022 → 2023 Year-over-year analysis

AGROLIFE AS: årsregnskap 2023 vs 2022

Grew 15% on revenue

approved 2024-07-04; registry 2024-07-06; journal 2024 609449

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGROLIFE AS. Revenue 1.32m NOK → 1.52m NOK (+14.9%). Net result +192.1k NOK → +158.6k NOK. Equity 513.6k NOK → 672.1k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROLIFE AS.

Scorecard

Revenue
1.32m NOK 1.52m NOK
+14.9%
Operating result
+247.1k NOK +203.1k NOK
-17.8%
Net result
+192.1k NOK +158.6k NOK
-17.5%
Equity
513.6k NOK 672.1k NOK
+30.9%
Cash
365.2k NOK 462.7k NOK
+26.7%
Total assets
799.3k NOK 996.7k NOK
+24.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.32m NOK to 1.52m NOK (+14.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 513.6k NOK → 672.1k NOK (equity ratio 64.3% → 67.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 365.2k NOK → 462.7k NOK (+26.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +247.1k NOK → +203.1k NOK (op. margin 18.7% → 13.4%). Calculated

  • ↓

    Net result weakened

    Net result +192.1k NOK → +158.6k NOK (net margin 14.6% → 10.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 353 NOK → 2.54m NOK (0% → 167% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 557.1k NOK → 564.1k NOK (+1.3% YoY). Calculated