AGRO AS: årsregnskap 2020 vs 2019
Grew 8% on revenue, stronger earnings
approved 2021-08-18; registry 2021-10-11; journal 2021 798591
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRO AS. Revenue 107.83m NOK → 116.25m NOK (+7.8%). Net result +698.8k NOK → +3.69m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 107.83m NOK to 116.25m NOK (+7.8% YoY). Calculated
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↑
Operating result improved
Operating result +3.78m NOK → +5.09m NOK (op. margin 3.5% → 4.4%). Calculated
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↑
Net result improved
Net result +698.8k NOK → +3.69m NOK (net margin 0.6% → 3.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 10.29m NOK → 10.78m NOK (10% → 9% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 86.87m NOK → 93.37m NOK (+7.5% YoY). Calculated