AGRI-NORD AS: årsregnskap 2022 vs 2021
Grew 248% on revenue, weaker earnings, cash halved-plus
approved 2023-05-29; registry 2023-05-31; journal 2023 443220
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRI-NORD AS. Revenue 980.8k NOK → 3.41m NOK (+247.6%). Net result -42.3k NOK → -145.5k NOK. Equity 99.7k NOK → -45.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; 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 980.8k NOK to 3.41m NOK (+247.6% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -35.5k NOK → -108.9k NOK (op. margin -3.6% → -3.2%). Calculated
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↓
Net result weakened
Net result -42.3k NOK → -145.5k NOK (net margin -4.3% → -4.3%). Calculated
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↓
Equity eroded
Book equity 99.7k NOK → -45.7k NOK (equity ratio 74.3% → -0.8%). Calculated
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↓
Cash fell
Bank deposits 177.5k NOK → 11.0k NOK (-93.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 38.24× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 391.0k NOK → 424.3k NOK (+8.5% YoY). Calculated