FirmaIQ
Org.nr 919 164 816 2019 → 2020 Year-over-year analysis

AGROFARM AS: årsregnskap 2020 vs 2019

Grew 67% on revenue, stronger earnings, cash halved-plus

approved 2020-12-31; registry 2021-08-09; journal 2021 615280

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGROFARM AS. Revenue 460.4k NOK → 770.4k NOK (+67.3%). Net result +124.3k NOK → +239.2k NOK. Equity 65.5k NOK → 6.30m NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
460.4k NOK 770.4k NOK
+67.3%
Operating result
+189.4k NOK +349.6k NOK
+84.6%
Net result
+124.3k NOK +239.2k NOK
+92.5%
Equity
65.5k NOK 6.30m NOK
+9521.3%
Cash
71.5k NOK 15.8k NOK
-77.9%
Total assets
336.6k NOK 1.36m NOK
+304.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 460.4k NOK to 770.4k NOK (+67.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +189.4k NOK → +349.6k NOK (op. margin 41.1% → 45.4%). Calculated

  • ↑

    Net result improved

    Net result +124.3k NOK → +239.2k NOK (net margin 27.0% → 31.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 65.5k NOK → 6.30m NOK (equity ratio 19.5% → 463.6%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 71.5k NOK → 15.8k NOK (-77.9% YoY). Calculated