AGRODRIFT AS: årsregnskap 2021 vs 2020
Shrank 40% on revenue, weaker earnings, cash halved-plus
approved 2023-03-22; registry 2023-03-25; journal 2023 334395
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGRODRIFT AS. Revenue 2.46m NOK → 1.47m NOK (-40.1%). Net result +587.0k NOK → +39.1k NOK. Equity 12.69m NOK → 528.5k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 17.54bn NOK → 2 NOK (713427% → 0% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.46m NOK to 1.47m NOK (-40.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +809.9k NOK → +92.1k NOK (op. margin 32.9% → 6.3%). Calculated
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↓
Net result weakened
Net result +587.0k NOK → +39.1k NOK (net margin 23.9% → 2.7%). Calculated
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↓
Equity eroded
Book equity 12.69m NOK → 528.5k NOK (equity ratio 660.6% → 32.6%). Calculated
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↓
Cash fell
Bank deposits 122.3k NOK → 61.1k NOK (-50.0% YoY). Calculated