FirmaIQ
Org.nr 910 098 071 2020 → 2021 Year-over-year analysis

AGRA FOODS AS: årsregnskap 2021 vs 2020

Shrank 45% on revenue, weaker earnings

approved 2022-03-22; registry 2022-08-11; journal 2022 848081

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGRA FOODS AS. Revenue 17.11m NOK → 9.35m NOK (-45.3%). Net result +267.65m NOK → +295.2k NOK. Equity 585.96m NOK → 575.38m NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
17.11m NOK 9.35m NOK
-45.3%
Operating result
-73.50m NOK -34.12m NOK
+53.6%
Net result
+267.65m NOK +295.2k NOK
-99.9%
Equity
585.96m NOK 575.38m NOK
-1.8%
Total assets
1.05bn NOK 1.00bn NOK
-4.0%

What improved

  • ↑

    Operating result improved

    Operating result -73.50m NOK → -34.12m NOK (op. margin -429.6% → -364.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 56.80m NOK → 20.79m NOK (332% → 222% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.11m NOK to 9.35m NOK (-45.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +267.65m NOK → +295.2k NOK (net margin 1564.2% → 3.2%). Calculated

  • ↓

    Equity eroded

    Book equity 585.96m NOK → 575.38m NOK (equity ratio 56.0% → 57.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.01× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated