AGRIPA PROSJEKT AS: årsregnskap 2020 vs 2019
Grew 13% on revenue, stronger earnings
approved 2021-04-22; registry 2021-10-12; journal 2021 806154
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRIPA PROSJEKT AS. Revenue 16.22m NOK → 18.31m NOK (+12.9%). Net result +341.1k NOK → +508.0k NOK. Equity 2.26m NOK → 757.8k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRIPA PROSJEKT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 16.22m NOK to 18.31m NOK (+12.9% YoY). Calculated
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↑
Operating result improved
Operating result +506.4k NOK → +519.4k NOK (op. margin 3.1% → 2.8%). Calculated
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↑
Net result improved
Net result +341.1k NOK → +508.0k NOK (net margin 2.1% → 2.8%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.26m NOK → 757.8k NOK (equity ratio 1394.6% → 12.0%). Calculated
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↓
Cash fell
Bank deposits 96.7k NOK → 76.8k NOK (-20.5% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 994.2k NOK → 1.55m NOK (6% → 8% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 15.71m NOK → 15.93m NOK (+1.4% YoY). Calculated