AGRIM AS: årsregnskap 2022 vs 2021
Grew 358% on revenue, slipped into loss
approved 2023-05-31; registry 2023-07-03; journal 2023 561415
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRIM AS. Revenue 1.25m NOK → 5.75m NOK (+358.5%). Net result +8.10m NOK → -138.5k NOK. Equity 303.4k NOK → 164.8k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.25m NOK to 5.75m NOK (+358.5% YoY). Calculated
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↑
Cash rose
Bank deposits 167.6k NOK → 212.5k NOK (+26.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +133.2k NOK → -290.2k NOK (op. margin 10.6% → -5.0%). Calculated
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↓
Fell into a net loss
Net result flipped from 8.10m NOK profit to a loss of 138.5k NOK. Calculated
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↓
Equity eroded
Book equity 303.4k NOK → 164.8k NOK (equity ratio 318.6% → 6.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 513 NOK → 2.22m NOK (0% → 39% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 348.3k NOK → 733.8k NOK (+110.7% YoY). Calculated