AGRO INVEST AS: årsregnskap 2020 vs 2019
Grew 56% on revenue, stronger earnings
approved 2021-06-29; registry 2021-07-05; journal 2021 518320
Summary
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.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 213.4k NOK to 332.0k NOK (+55.6% YoY). Calculated
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Operating result improved
Operating result +80.0k NOK → +166.5k NOK (op. margin 37.5% → 50.2%). Calculated
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Net result improved
Net result +115.8k NOK → +144.4k NOK (net margin 54.3% → 43.5%). Calculated
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Equity strengthened
Book equity 3.63m NOK → 4.30m NOK (equity ratio 96.8% → 91.4%). Calculated
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Cash rose
Bank deposits 144.9k NOK → 228.3k NOK (+57.6% YoY). Calculated
Things to notice
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Book investments changed
Investment / intangible book value 522.2k NOK → 1.50m NOK. Reported fact