AGRI-NORD AS: årsregnskap 2021 vs 2020
Grew 8% on revenue, stronger earnings
approved 2022-05-22; registry 2022-05-24; journal 2022 335804
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGRI-NORD AS. Revenue 905.8k NOK → 980.8k NOK (+8.3%). Net result -343.3k NOK → -42.3k NOK. Equity 13.14m NOK → 99.7k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRI-NORD AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 905.8k NOK to 980.8k NOK (+8.3% YoY). Calculated
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↑
Operating result improved
Operating result -355.4k NOK → -35.5k NOK (op. margin -39.2% → -3.6%). Calculated
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Net result improved
Net result -343.3k NOK → -42.3k NOK (net margin -37.9% → -4.3%). Calculated
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Cash rose
Bank deposits -104.6k NOK → 177.5k NOK (+269.6% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.72× → 38.24×. Calculated
What deteriorated
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↓
Equity eroded
Book equity 13.14m NOK → 99.7k NOK (equity ratio 2482.1% → 74.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 28.4k NOK → 3.20m NOK (3% → 326% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 289.6k NOK → 391.0k NOK (+35.0% YoY). Calculated