Org.nr 928 002 276 2022 → 2023 Year-over-year analysis

AGROVENT AS: årsregnskap 2023 vs 2022

Grew 23% on revenue, stronger earnings

approved 2024-03-05; registry 2024-03-09; journal 2024 322463

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AGROVENT AS. Revenue 545.0k NOK → 671.2k NOK (+23.2%). Net result +18.3k NOK → +161.1k NOK. Equity 144.7k NOK → 305.8k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

Scorecard

Revenue
545.0k NOK 671.2k NOK
+23.2%
Operating result
+90.9k NOK +263.4k NOK
+189.9%
Net result
+18.3k NOK +161.1k NOK
+779.5%
Equity
144.7k NOK 305.8k NOK
+111.4%
Total assets
863.6k NOK 1.15m NOK
+32.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 545.0k NOK to 671.2k NOK (+23.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +90.9k NOK → +263.4k NOK (op. margin 16.7% → 39.2%). Calculated

  • ↑

    Net result improved

    Net result +18.3k NOK → +161.1k NOK (net margin 3.4% → 24.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 144.7k NOK → 305.8k NOK (equity ratio 16.8% → 26.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.28m NOK → 248.1k NOK (-89.1% YoY). Calculated