FirmaIQ
Org.nr 987 411 198 2020 → 2021 Year-over-year analysis

AGRIPA NORGE AS: årsregnskap 2021 vs 2020

Grew 15% on revenue, stronger earnings, cash halved-plus

approved 2022-03-21; registry 2022-03-31; journal 2022 170365

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGRIPA NORGE AS. Revenue 14.97m NOK → 17.16m NOK (+14.7%). Net result +736.9k NOK → +1.62m NOK. Equity 1.72m NOK → 1.87m NOK.

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

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

At a glance

Scorecard

Revenue
14.97m NOK 17.16m NOK
+14.7%
Operating result
+276.9k NOK +2.29m NOK
+728.0%
Net result
+736.9k NOK +1.62m NOK
+119.3%
Equity
1.72m NOK 1.87m NOK
+8.4%
Cash
105.3k NOK 119 NOK
-99.9%
Total assets
8.10m NOK 15.72m NOK
+94.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 14.97m NOK to 17.16m NOK (+14.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +276.9k NOK → +2.29m NOK (op. margin 1.9% → 13.4%). Calculated

  • ↑

    Net result improved

    Net result +736.9k NOK → +1.62m NOK (net margin 4.9% → 9.4%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.72m NOK → 1.87m NOK (equity ratio 21.3% → 11.9%). Calculated

  • ↑

    Payroll decreased

    Salary cost 5.62m NOK → 3.22m NOK (38% → 19% of revenue). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 105.3k NOK → 119 NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.82m NOK → 7.83m NOK (-27.6% YoY). Calculated