Org.nr 942 143 532 2020 → 2021 Year-over-year analysis

AGRO AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-06-29; registry 2022-07-25; journal 2022 709164

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGRO AS. Revenue 116.25m NOK → 114.07m NOK (-1.9%). Net result +3.69m NOK → +5.02m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; payroll up without matching revenue.

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

At a glance

Revenue

116.25m NOK 114.07m NOK

-1.9%

Operating result

+5.09m NOK +6.85m NOK

+34.5%

Net result

+3.69m NOK +5.02m NOK

+36.0%

↑
Operating result improved

Operating result +5.09m NOK → +6.85m NOK (op. margin 4.4% → 6.0%). Calculated
↑
Net result improved

Net result +3.69m NOK → +5.02m NOK (net margin 3.2% → 4.4%). Calculated

↓
Revenue fell

Operating income / revenue moved from 116.25m NOK to 114.07m NOK (-1.9% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 10.78m NOK → 13.38m NOK (9% → 12% of revenue). Calculated