Org.nr 989 118 900 2019 → 2020 Year-over-year analysis

AGRO INVEST AS: årsregnskap 2020 vs 2019

Grew 56% on revenue, stronger earnings

approved 2021-06-29; registry 2021-07-05; journal 2021 518320

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AGRO INVEST AS. Revenue 213.4k NOK → 332.0k NOK (+55.6%). Net result +115.8k NOK → +144.4k NOK. Equity 3.63m NOK → 4.30m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGRO INVEST AS.

Scorecard

Revenue
213.4k NOK 332.0k NOK
+55.6%
Operating result
+80.0k NOK +166.5k NOK
+108.2%
Net result
+115.8k NOK +144.4k NOK
+24.7%
Equity
3.63m NOK 4.30m NOK
+18.3%
Cash
144.9k NOK 228.3k NOK
+57.6%
Total assets
3.75m NOK 4.70m NOK
+25.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 213.4k NOK to 332.0k NOK (+55.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +80.0k NOK → +166.5k NOK (op. margin 37.5% → 50.2%). Calculated

  • ↑

    Net result improved

    Net result +115.8k NOK → +144.4k NOK (net margin 54.3% → 43.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.63m NOK → 4.30m NOK (equity ratio 96.8% → 91.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 144.9k NOK → 228.3k NOK (+57.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 522.2k NOK → 1.50m NOK. Reported fact