AGRA AS: årsregnskap 2022 vs 2021
Grew 5% on revenue, weaker earnings, cash halved-plus
approved 2023-03-22; registry 2023-08-14; journal 2023 675169
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRA AS. Revenue 4.42bn NOK → 4.65bn NOK (+5.1%). Net result +301.47m NOK → +139.87m NOK. Equity 3.12bn NOK → 3.16bn NOK.
On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGRA AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 4.42bn NOK to 4.65bn NOK (+5.1% YoY). Calculated
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Equity strengthened
Book equity 3.12bn NOK → 3.16bn NOK (equity ratio 94.4% → 92.3%). Calculated
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Payroll decreased
Salary cost 12.90m NOK → 2.35m NOK (0% → 0% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -10.13m NOK → -53.50m NOK (op. margin -0.2% → -1.2%). Calculated
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↓
Net result weakened
Net result +301.47m NOK → +139.87m NOK (net margin 6.8% → 3.0%). Calculated
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Cash fell
Bank deposits 12.15m NOK → 12.2k NOK (-99.9% YoY). Calculated
Things to notice
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Sharp cash drawdown
Cash fell by more than 60% YoY (12.15m NOK → 12.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS moved
COGS / varekostnad 1.82bn NOK → 2.05bn NOK (+12.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 923.1k NOK → 12 NOK. Reported fact