Org.nr 911 734 400 2021 → 2022 Year-over-year analysis

AGRITEKNIKK HOLDING AS: årsregnskap 2022 vs 2021

Shrank 24% on revenue, weaker earnings

approved 2023-07-12; registry 2023-07-31; journal 2023 629067

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGRITEKNIKK HOLDING AS. Revenue 7.93m NOK → 6.01m NOK (-24.2%). Net result -951 NOK → -465.9k NOK. Equity 2.42m NOK → 1.96m NOK.

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

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

Scorecard

Revenue
7.93m NOK 6.01m NOK
-24.2%
Operating result
+47.9k NOK -565.4k NOK
-1280.4%
Net result
-951 NOK -465.9k NOK
-48893.0%
Equity
2.42m NOK 1.96m NOK
-19.2%
Cash
29.5k NOK 41.6k NOK
+40.8%
Total assets
4.43m NOK n/m
—

What improved

  • ↑

    Cash rose

    Bank deposits 29.5k NOK → 41.6k NOK (+40.8% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 802.8k NOK → 358.4k NOK (10% → 6% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 7.93m NOK to 6.01m NOK (-24.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +47.9k NOK → -565.4k NOK (op. margin 0.6% → -9.4%). Calculated

  • ↓

    Net result weakened

    Net result -951 NOK → -465.9k NOK (net margin -0.0% → -7.7%). Calculated

  • ↓

    Equity eroded

    Book equity 2.42m NOK → 1.96m NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.94m NOK → 5.47m NOK (-21.2% YoY). Calculated