FirmaIQ
Org.nr 994 056 557 2020 → 2021 Year-over-year analysis

AGRIMEX AS: årsregnskap 2021 vs 2020

Grew 63% on revenue, stronger earnings

registry 2022-07-06; journal 2022 631381

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGRIMEX AS. Revenue 1.25m NOK → 2.03m NOK (+62.7%). Net result +53.6k NOK → +360.9k NOK. Equity 11.90m NOK → 1.26m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRIMEX AS.

At a glance

Scorecard

Revenue
1.25m NOK 2.03m NOK
+62.7%
Operating result
+77.3k NOK +478.0k NOK
+518.4%
Net result
+53.6k NOK +360.9k NOK
+573.8%
Equity
11.90m NOK 1.26m NOK
-89.4%
Cash
75.1k NOK 68.6k NOK
-8.7%
Total assets
1.24m NOK 1.68m NOK
+35.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.25m NOK to 2.03m NOK (+62.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +77.3k NOK → +478.0k NOK (op. margin 6.2% → 23.6%). Calculated

  • ↑

    Net result improved

    Net result +53.6k NOK → +360.9k NOK (net margin 4.3% → 17.8%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 11.90m NOK → 1.26m NOK (equity ratio 961.4% → 75.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 75.1k NOK → 68.6k NOK (-8.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 876.9k NOK → 213.3k NOK (-75.7% YoY). Calculated