AGRO-MASKIN AS: årsregnskap 2021 vs 2020
Grew 655059% on revenue, stronger earnings
approved 2022-02-28; registry 2022-04-23; journal 2022 215315
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGRO-MASKIN AS. Revenue 1 073 NOK → 7.03m NOK (+655059.0%). Net result +192.5k NOK → +775.5k NOK. Equity 821.5k NOK → 597.0k NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGRO-MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 073 NOK to 7.03m NOK (+655059.0% YoY). Calculated
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↑
Net result improved
Net result +192.5k NOK → +775.5k NOK (net margin 17939.2% → 11.0%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +255.4k NOK → +66.6k NOK (op. margin 23802.6% → 0.9%). Calculated
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↓
Equity eroded
Book equity 821.5k NOK → 597.0k NOK (equity ratio 27.4% → 12.1%). Calculated
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↓
Cash fell
Bank deposits 159.7k NOK → 87.5k NOK (-45.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 62.9k NOK → 3.89m NOK (5864% → 55% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 295.3k NOK → 485.7k NOK (+64.5% YoY). Calculated