AGRIPA NORGE AS: årsregnskap 2020 vs 2019
Grew 309% on revenue, returned to profit
approved 2021-03-16; registry 2021-04-17; journal 2021 193391
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRIPA NORGE AS. Revenue 3.66m NOK → 14.97m NOK (+308.6%). Net result -243.3k NOK → +736.9k NOK. Equity -12.3k NOK → 1.72m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIPA NORGE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 3.66m NOK to 14.97m NOK (+308.6% YoY). Calculated
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Operating result improved
Operating result -235.4k NOK → +276.9k NOK (op. margin -6.4% → 1.9%). Calculated
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Turned profitable
Net result flipped from a loss of 243.3k NOK to a profit of 736.9k NOK. Calculated
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Equity strengthened
Book equity -12.3k NOK → 1.72m NOK (equity ratio -6.8% → 21.3%). Calculated
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Cash rose
Bank deposits 71.5k NOK → 105.3k NOK (+47.3% YoY). Calculated
Things to notice
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Payroll increased
Salary cost 30.3k NOK → 5.62m NOK (1% → 38% of revenue). Calculated
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COGS moved
COGS / varekostnad 3 392 NOK → 10.82m NOK (+318910.0% YoY). Calculated