Org.nr 922 574 669 2021 → 2022 Year-over-year analysis

AGRI BYGG ØRLAND AS: årsregnskap 2022 vs 2021

Grew 35% on revenue, slipped into loss

registry 2023-07-18; journal 2023 587047

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGRI BYGG ØRLAND AS. Revenue 1.20m NOK → 1.61m NOK (+34.7%). Net result +97.0k NOK → -59.4k NOK. Equity 329.3k NOK → 269.9k NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRI BYGG ØRLAND AS.

Scorecard

Revenue
1.20m NOK 1.61m NOK
+34.7%
Operating result
+442.2k NOK +569.8k NOK
+28.8%
Net result
+97.0k NOK -59.4k NOK
-161.2%
Equity
329.3k NOK 269.9k NOK
-18.0%
Cash
40.9k NOK 1.09m NOK
+2563.3%
Total assets
n/m 15.34m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.20m NOK to 1.61m NOK (+34.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +442.2k NOK → +569.8k NOK (op. margin 36.9% → 35.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.9k NOK → 1.09m NOK (+2563.3% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 97.0k NOK profit to a loss of 59.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 329.3k NOK → 269.9k NOK. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 1.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation