AGROTECH PRODUCTION AS: årsregnskap 2024 vs 2023
Shrank 25% on revenue, stronger earnings
approved 2025-06-25; registry 2025-07-01; journal 2025 604439
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AGROTECH PRODUCTION AS. Revenue 55.89m NOK → 41.66m NOK (-25.5%). Net result -934.5k NOK → -625.0k NOK. Equity -5.14m NOK → -5.76m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -680.6k NOK → -182.7k NOK (op. margin -1.2% → -0.4%). Calculated
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↑
Net result improved
Net result -934.5k NOK → -625.0k NOK (net margin -1.7% → -1.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 55.89m NOK to 41.66m NOK (-25.5% YoY). Calculated
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↓
Equity eroded
Book equity -5.14m NOK → -5.76m NOK (equity ratio -88.3% → -380.6%). Calculated
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↓
Cash fell
Bank deposits 611.9k NOK → 436.8k NOK (-28.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -380.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 53.03m NOK → 38.90m NOK (-26.6% YoY). Calculated