AGROFARM AS: årsregnskap 2021 vs 2020
Shrank 40% on revenue, slipped into loss
approved 2022-04-28; registry 2022-05-03; journal 2022 250773
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGROFARM AS. Revenue 770.4k NOK → 460.6k NOK (-40.2%). Net result +239.2k NOK → -91.4k NOK. Equity 6.30m NOK → 213.4k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 15.8k NOK → 51.6k NOK (+227.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 770.4k NOK to 460.6k NOK (-40.2% YoY). Calculated
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↓
Operating result weakened
Operating result +349.6k NOK → -68.3k NOK (op. margin 45.4% → -14.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 239.2k NOK profit to a loss of 91.4k NOK. Calculated
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↓
Equity eroded
Book equity 6.30m NOK → 213.4k NOK (equity ratio 463.6% → 14.4%). Calculated