AGRONOMEN AS: årsregnskap 2023 vs 2022
Grew 411% on revenue, returned to profit
approved 2024-06-27; registry 2024-06-29; journal 2024 566385
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGRONOMEN AS. Revenue 84.7k NOK → 432.9k NOK (+411.1%). Net result -72.4k NOK → +241.2k NOK. Equity -55.1k NOK → -25.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AGRONOMEN AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 84.7k NOK to 432.9k NOK (+411.1% YoY). Calculated
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Operating result improved
Operating result -157.8k NOK → +62.5k NOK (op. margin -186.3% → 14.4%). Calculated
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Turned profitable
Net result flipped from a loss of 72.4k NOK to a profit of 241.2k NOK. Calculated
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Equity strengthened
Book equity -55.1k NOK → -25.9k NOK (equity ratio -2.9% → -3416.2%). Calculated
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Cash rose
Bank deposits 984 NOK → 754.0k NOK (+76524.4% YoY). Calculated
What deteriorated
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Current ratio dropped below 1×
Current ratio 188.43× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -3416.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 49.9k NOK → 167.5k NOK (59% → 39% of revenue). Calculated
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COGS fell
COGS / varekostnad 31.1k NOK → 1 396 NOK (-95.5% YoY). Calculated