AGROVIN AS: årsregnskap 2023 vs 2022
Grew 22% on revenue, stronger earnings
approved 2024-06-30; registry 2024-07-23; journal 2024 662923
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AGROVIN AS. Revenue 5.46m NOK → 6.68m NOK (+22.3%). Net result +588.7k NOK → +905.6k NOK. Equity 5.95m NOK → 7.85m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for AGROVIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.46m NOK to 6.68m NOK (+22.3% YoY). Calculated
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Net result improved
Net result +588.7k NOK → +905.6k NOK (net margin 10.8% → 13.5%). Calculated
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↑
Equity strengthened
Book equity 5.95m NOK → 7.85m NOK (equity ratio 57.5% → 71.2%). Calculated
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Cash rose
Bank deposits 20.3k NOK → 21.8k NOK (+7.6% YoY). Calculated
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Payroll decreased
Salary cost 1.39m NOK → 1.38m NOK (26% → 21% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +761.2k NOK → +430.9k NOK (op. margin 13.9% → 6.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 398.6k NOK → 1.23m NOK (+208.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 120.6k NOK → 96.5k NOK. Reported fact