Org.nr 919 164 816 2021 → 2022 Year-over-year analysis

AGROFARM AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-06-05; registry 2023-06-07; journal 2023 468202

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AGROFARM AS. Revenue 460.6k NOK → 438.5k NOK (-4.8%). Net result -91.4k NOK → -73.2k NOK. Equity 213.4k NOK → 140.2k NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROFARM AS.

Scorecard

Revenue
460.6k NOK 438.5k NOK
-4.8%
Operating result
-68.3k NOK -58.3k NOK
+14.6%
Net result
-91.4k NOK -73.2k NOK
+19.9%
Equity
213.4k NOK 140.2k NOK
-34.3%
Cash
51.6k NOK 28.4k NOK
-45.1%
Total assets
1.48m NOK 1.14m NOK
-23.4%

What improved

  • ↑

    Operating result improved

    Operating result -68.3k NOK → -58.3k NOK (op. margin -14.8% → -13.3%). Calculated

  • ↑

    Net result improved

    Net result -91.4k NOK → -73.2k NOK (net margin -19.8% → -16.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 460.6k NOK to 438.5k NOK (-4.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 213.4k NOK → 140.2k NOK (equity ratio 14.4% → 12.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 51.6k NOK → 28.4k NOK (-45.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.0k NOK → 2 755 NOK (-81.6% YoY). Calculated