AGRESSO AS: årsregnskap 2021 vs 2020
Grew 10% on revenue, returned to profit
approved 2022-04-25; registry 2022-04-27; journal 2022 226987
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGRESSO AS. Revenue 1.43m NOK → 1.57m NOK (+10.0%). Net result -364.6k NOK → +17.7k NOK. Equity 6.76m NOK → 374.1k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer; paid-in equity reduced; payroll increased. All figures are taken from the published annual accounts for AGRESSO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.43m NOK to 1.57m NOK (+10.0% YoY). Calculated
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↑
Operating result improved
Operating result -277.2k NOK → +124.2k NOK (op. margin -19.4% → 7.9%). Calculated
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Turned profitable
Net result flipped from a loss of 364.6k NOK to a profit of 17.7k NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.13× → 1.38×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 6.76m NOK → 374.1k NOK (equity ratio 53.5% → 3.2%). Calculated
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↓
Cash fell
Bank deposits 521.1k NOK → 322.3k NOK (-38.1% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Paid-in equity reduced
Paid-in equity fell 7.60m NOK → 1.20m NOK — check capital reduction, conversion, or reclassification. Interpretation
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Payroll increased
Salary cost 63.3k NOK → 2.11m NOK (4% → 134% of revenue). Calculated
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COGS fell
COGS / varekostnad 6 303 NOK → 910 NOK (-85.6% YoY). Calculated