AGROQUIP AS: årsregnskap 2024 vs 2023
Shrank 57% on revenue, weaker earnings
approved 2025-07-08; registry 2025-07-21; journal 2025 679938
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGROQUIP AS. Revenue 21.29m NOK → 9.23m NOK (-56.6%). Net result -1.04m NOK → -2.00m NOK. Equity -1.88m NOK → -3.89m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AGROQUIP AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 930.0k NOK → 857.9k NOK (4% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 21.29m NOK to 9.23m NOK (-56.6% YoY). Calculated
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↓
Operating result weakened
Operating result -914.5k NOK → -1.81m NOK (op. margin -4.3% → -19.7%). Calculated
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↓
Net result weakened
Net result -1.04m NOK → -2.00m NOK (net margin -4.9% → -21.7%). Calculated
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↓
Equity eroded
Book equity -1.88m NOK → -3.89m NOK (equity ratio -32.3% → -159.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -159.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 18.96m NOK → 8.83m NOK (-53.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 110.0k NOK → 476.7k NOK. Reported fact