AGRAS AS: årsregnskap 2021 vs 2020
Another loss-making year
approved 2022-05-15; registry 2022-05-19; journal 2022 306605
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGRAS AS. Net result -120.1k NOK → -142.9k NOK. Equity -78.9k NOK → -221.8k NOK.
Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRAS AS.
At a glance
Scorecard
What deteriorated
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↓
Operating result weakened
Operating result -154.0k NOK → -183.2k NOK. Calculated
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↓
Net result weakened
Net result -120.1k NOK → -142.9k NOK. Calculated
-
↓
Equity eroded
Book equity -78.9k NOK → -221.8k NOK (equity ratio -18.1% → -550.7%). Calculated
-
↓
Cash fell
Bank deposits 21.7k NOK → 15.8k NOK (-27.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -550.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 375.0k NOK → 2.94m NOK. Reported fact