Org.nr 976 820 630 2023 → 2024 Year-over-year analysis

AGRONOR AS: årsregnskap 2024 vs 2023

Shrank 49% on revenue, stronger earnings

approved 2025-06-04; registry 2025-06-19; journal 2025 551517

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGRONOR AS. Revenue 345.6k NOK → 175.7k NOK (-49.2%). Net result -273.2k NOK → -132.7k NOK. Equity 8.44m NOK → 7.31m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRONOR AS.

Scorecard

Revenue
345.6k NOK 175.7k NOK
-49.2%
Operating result
-701.0k NOK -587.0k NOK
+16.3%
Net result
-273.2k NOK -132.7k NOK
+51.4%
Equity
8.44m NOK 7.31m NOK
-13.4%
Cash
8.60m NOK 8.48m NOK
-1.4%
Total assets
9.52m NOK 9.10m NOK
-4.4%

What improved

  • ↑

    Operating result improved

    Operating result -701.0k NOK → -587.0k NOK (op. margin -202.8% → -334.1%). Calculated

  • ↑

    Net result improved

    Net result -273.2k NOK → -132.7k NOK (net margin -79.1% → -75.5%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 345.6k NOK to 175.7k NOK (-49.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 8.44m NOK → 7.31m NOK (equity ratio 88.7% → 80.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 8.60m NOK → 8.48m NOK (-1.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 226 NOK → 226.3k NOK (1% → 129% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 236.4k NOK → 126.7k NOK (-46.4% YoY). Calculated