Org.nr 918 707 492 2020 → 2021 Year-over-year analysis

AGRI AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, returned to profit, cash halved-plus

approved 2022-06-28; registry 2022-07-12; journal 2022 685458

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGRI AS. Revenue 205 NOK → 0 NOK (-100.0%). Net result -445.9k NOK → +962.0k NOK. Equity 930.2k NOK → 5 NOK.

On the constructive side: turned profitable. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGRI AS.

Scorecard

Revenue
205 NOK 0 NOK
-100.0%
Operating result
-31.1k NOK -61.1k NOK
-96.7%
Net result
-445.9k NOK +962.0k NOK
+315.7%
Equity
930.2k NOK 5 NOK
-100.0%
Cash
294.8k NOK 25.4k NOK
-91.4%
Total assets
930.2k NOK 892.2k NOK
-4.1%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 445.9k NOK to a profit of 962.0k NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 205 NOK to 0 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -31.1k NOK → -61.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 930.2k NOK → 5 NOK (equity ratio 100.0% → 0.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 294.8k NOK → 25.4k NOK (-91.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 628.6k NOK → 1.82m NOK. Reported fact