FirmaIQ
Org.nr 999 166 849 2019 → 2020 Year-over-year analysis

AGROB BUCHTAL NORGE AS: årsregnskap 2020 vs 2019

Grew 80% on revenue, stronger earnings, cash halved-plus

approved 2021-08-19; registry 2021-09-07; journal 2021 681061

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGROB BUCHTAL NORGE AS. Revenue 8.78m NOK → 15.84m NOK (+80.4%). Net result +1.27m NOK → +1.87m NOK. Equity 2.80m NOK → 4.66m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AGROB BUCHTAL NORGE AS.

At a glance

Scorecard

Revenue
8.78m NOK 15.84m NOK
+80.4%
Operating result
+1.48m NOK +2.09m NOK
+41.4%
Net result
+1.27m NOK +1.87m NOK
+47.2%
Equity
2.80m NOK 4.66m NOK
+66.8%
Cash
2.88m NOK 885.3k NOK
-69.3%
Total assets
6.01m NOK 8.43m NOK
+40.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 8.78m NOK to 15.84m NOK (+80.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.48m NOK → +2.09m NOK (op. margin 16.8% → 13.2%). Calculated

  • ↑

    Net result improved

    Net result +1.27m NOK → +1.87m NOK (net margin 14.5% → 11.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.80m NOK → 4.66m NOK (equity ratio 46.5% → 55.3%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.88m NOK → 885.3k NOK (-69.3% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.88m NOK → 885.3k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation

  • ·

    Payroll increased

    Salary cost 1.46m NOK → 1.49m NOK (17% → 9% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 4.75m NOK → 10.71m NOK (+125.2% YoY). Calculated