AGROLINK AS: årsregnskap 2023 vs 2022
Shrank 15% on revenue, stronger earnings
approved 2024-03-25; registry 2024-04-08; journal 2024 343292
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGROLINK AS. Revenue 13.39m NOK → 11.33m NOK (-15.4%). Net result +1.84m NOK → +4.92m NOK. Equity 8.68m NOK → 9.61m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROLINK AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +956.6k NOK → +1.03m NOK (op. margin 7.1% → 9.1%). Calculated
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↑
Net result improved
Net result +1.84m NOK → +4.92m NOK (net margin 13.7% → 43.4%). Calculated
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↑
Equity strengthened
Book equity 8.68m NOK → 9.61m NOK (equity ratio 44.1% → 52.8%). Calculated
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↑
Cash rose
Bank deposits 319.1k NOK → 718.0k NOK (+125.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.74m NOK → 1.61m NOK (13% → 14% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 13.39m NOK to 11.33m NOK (-15.4% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 5.72m NOK → 4.19m NOK (-26.6% YoY). Calculated