AGRODRIFT AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue, returned to profit
approved 2022-03-01; registry 2022-03-31; journal 2022 178713
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRODRIFT AS. Revenue 2.84m NOK → 2.46m NOK (-13.6%). Net result -267.4k NOK → +587.0k NOK. Equity 102.4k NOK → 12.69m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; payroll up without matching revenue; cogs moved.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -303.1k NOK → +809.9k NOK (op. margin -10.7% → 32.9%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 267.4k NOK to a profit of 587.0k NOK. Calculated
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↑
Equity strengthened
Book equity 102.4k NOK → 12.69m NOK (equity ratio 4.8% → 660.6%). Calculated
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↑
Cash rose
Bank deposits 66.2k NOK → 122.3k NOK (+84.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.84m NOK to 2.46m NOK (-13.6% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1 NOK → 17.54bn NOK (0% → 713427% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 1 278 NOK → 218.6k NOK (+17008.0% YoY). Calculated