FirmaIQ
Org.nr 987 411 198 2021 → 2022 Year-over-year analysis

AGRIPA NORGE AS: årsregnskap 2022 vs 2021

Grew 38% on revenue, weaker earnings

approved 2023-05-12; registry 2023-05-31; journal 2023 413790

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AGRIPA NORGE AS. Revenue 17.16m NOK → 23.63m NOK (+37.7%). Net result +1.62m NOK → +922.3k NOK. Equity 1.87m NOK → 2.00m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIPA NORGE AS.

At a glance

Scorecard

Revenue
17.16m NOK 23.63m NOK
+37.7%
Operating result
+2.29m NOK +1.60m NOK
-30.1%
Net result
+1.62m NOK +922.3k NOK
-42.9%
Equity
1.87m NOK 2.00m NOK
+6.8%
Cash
119 NOK 186.71m NOK
+156898319.3%
Total assets
15.72m NOK 20.83m NOK
+32.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 17.16m NOK to 23.63m NOK (+37.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.87m NOK → 2.00m NOK (equity ratio 11.9% → 9.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 119 NOK → 186.71m NOK (+156898319.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +2.29m NOK → +1.60m NOK (op. margin 13.4% → 6.8%). Calculated

  • ↓

    Net result weakened

    Net result +1.62m NOK → +922.3k NOK (net margin 9.4% → 3.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 3.22m NOK → 4.16m NOK (19% → 18% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 7.83m NOK → 11.77m NOK (+50.3% YoY). Calculated