AGROSERVICE AS: årsregnskap 2023 vs 2022
Weaker earnings
approved 2024-06-21; registry 2024-07-29; journal 2024 681377
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGROSERVICE AS. Revenue 42.97m NOK → 44.38m NOK (+3.3%). Net result +1.16m NOK → +266.8k NOK. Equity 2.58m NOK → 2.84m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGROSERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 42.97m NOK to 44.38m NOK (+3.3% YoY). Calculated
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↑
Operating result improved
Operating result +23.9k NOK → +1.00m NOK (op. margin 0.1% → 2.3%). Calculated
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↑
Equity strengthened
Book equity 2.58m NOK → 2.84m NOK (equity ratio 18.5% → 18.3%). Calculated
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↑
Payroll decreased
Salary cost 9.44m NOK → 8.71m NOK (22% → 20% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +1.16m NOK → +266.8k NOK (net margin 2.7% → 0.6%). Calculated
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↓
Cash fell
Bank deposits 301.2k NOK → 299.4k NOK (-0.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 13.86m NOK → 17.13m NOK (+23.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 2.45m NOK → 1.92m NOK. Reported fact