Org.nr 914 902 371 2023 → 2024 Year-over-year analysis

AGVA KRAFT AS: årsregnskap 2024 vs 2023

Shrank 8% on revenue, stronger earnings

approved 2025-09-02; registry 2025-09-04; journal 2025 753765

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AGVA KRAFT AS. Revenue 319.18m NOK → 292.99m NOK (-8.2%). Net result +15.31m NOK → +50.37m NOK. Equity -72.29m NOK → -21.93m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AGVA KRAFT AS.

Scorecard

Revenue
319.18m NOK 292.99m NOK
-8.2%
Operating result
+14.71m NOK +48.23m NOK
+227.9%
Net result
+15.31m NOK +50.37m NOK
+229.0%
Equity
-72.29m NOK -21.93m NOK
+69.7%
Cash
1.81m NOK 6.90m NOK
+281.7%
Total assets
41.20m NOK 88.31m NOK
+114.3%

What improved

  • ↑

    Operating result improved

    Operating result +14.71m NOK → +48.23m NOK (op. margin 4.6% → 16.5%). Calculated

  • ↑

    Net result improved

    Net result +15.31m NOK → +50.37m NOK (net margin 4.8% → 17.2%). Calculated

  • ↑

    Equity strengthened

    Book equity -72.29m NOK → -21.93m NOK (equity ratio -175.5% → -24.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.81m NOK → 6.90m NOK (+281.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 319.18m NOK to 292.99m NOK (-8.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.05m NOK → 5.05m NOK (1% → 2% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 280.96m NOK → 221.82m NOK (-21.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 32.59m NOK → 48.2k NOK. Reported fact