AGRO BYGG & TEKNIKK AS: årsregnskap 2022 vs 2021
Grew 29% on revenue, slipped into loss
approved 2023-05-25; registry 2023-07-03; journal 2023 557736
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRO BYGG & TEKNIKK AS. Revenue 3.93m NOK → 5.09m NOK (+29.4%). Net result +536.4k NOK → -61.1k NOK. Equity 103.8k NOK → 42.7k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO BYGG & TEKNIKK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.93m NOK to 5.09m NOK (+29.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +686.5k NOK → -47.1k NOK (op. margin 17.5% → -0.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 536.4k NOK profit to a loss of 61.1k NOK. Calculated
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↓
Equity eroded
Book equity 103.8k NOK → 42.7k NOK (equity ratio 7.4% → 3.3%). Calculated
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↓
Cash fell
Bank deposits 729.9k NOK → 398.5k NOK (-45.4% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 619.6k NOK → 1.10m NOK (16% → 22% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.22m NOK → 3.19m NOK (+43.6% YoY). Calculated