Org.nr 922 345 511 2022 → 2023 Year-over-year analysis

AGROSENSE AS: årsregnskap 2023 vs 2022

Grew 884% on revenue, stronger earnings, fresh owner capital

approved 2024-06-04; registry 2024-06-25; journal 2024 492459

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGROSENSE AS. Revenue 290.3k NOK → 2.86m NOK (+883.5%). Net result -532.5k NOK → -56.3k NOK. Equity -125.0k NOK → 518.9k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AGROSENSE AS.

Scorecard

Revenue
290.3k NOK 2.86m NOK
+883.5%
Operating result
-486.3k NOK -41.5k NOK
+91.5%
Net result
-532.5k NOK -56.3k NOK
+89.4%
Equity
-125.0k NOK 518.9k NOK
+515.1%
Cash
603.5k NOK 971.7k NOK
+61.0%
Total assets
925.1k NOK 2.81m NOK
+204.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 290.3k NOK to 2.86m NOK (+883.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -486.3k NOK → -41.5k NOK (op. margin -167.5% → -1.5%). Calculated

  • ↑

    Net result improved

    Net result -532.5k NOK → -56.3k NOK (net margin -183.5% → -2.0%). Calculated

  • ↑

    Equity strengthened

    Book equity -125.0k NOK → 518.9k NOK (equity ratio -13.5% → 18.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 603.5k NOK → 971.7k NOK (+61.0% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.05× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.65m NOK → 2.20m NOK (568% → 77% of revenue). Calculated