Org.nr 925 879 185 2020 → 2021 Year-over-year analysis

AGRIM AS: årsregnskap 2021 vs 2020

Grew 1420% on revenue, stronger earnings

registry 2022-07-14; journal 2022 711452

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGRIM AS. Revenue 82.5k NOK → 1.25m NOK (+1419.6%). Net result +57.8k NOK → +8.10m NOK. Equity 202.3k NOK → 303.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AGRIM AS.

Scorecard

Revenue
82.5k NOK 1.25m NOK
+1419.6%
Operating result
+74.2k NOK +133.2k NOK
+79.6%
Net result
+57.8k NOK +8.10m NOK
+13906.3%
Equity
202.3k NOK 303.4k NOK
+50.0%
Cash
83.1k NOK 167.6k NOK
+101.6%
Total assets
229.6k NOK 95.2k NOK
-58.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 82.5k NOK to 1.25m NOK (+1419.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +74.2k NOK → +133.2k NOK (op. margin 89.9% → 10.6%). Calculated

  • ↑

    Net result improved

    Net result +57.8k NOK → +8.10m NOK (net margin 70.1% → 646.2%). Calculated

  • ↑

    Equity strengthened

    Book equity 202.3k NOK → 303.4k NOK (equity ratio 88.1% → 318.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 83.1k NOK → 167.6k NOK (+101.6% YoY). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.36× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 2. Reported fact