AGROLIFE AS: årsregnskap 2020 vs 2019
Returned to profit
approved 2021-05-31; registry 2022-08-01; journal 2022 830231
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGROLIFE AS. Revenue 0 NOK → 246.0k NOK. Net result -21.8k NOK → +26.2k NOK. Equity 2 634 NOK → 28.9k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGROLIFE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 246.0k NOK. Calculated
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↑
Operating result improved
Operating result -21.8k NOK → +28.9k NOK. Calculated
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↑
Turned profitable
Net result flipped from a loss of 21.8k NOK to a profit of 26.2k NOK. Calculated
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↑
Equity strengthened
Book equity 2 634 NOK → 28.9k NOK (equity ratio 6.6% → 8.5%). Calculated
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↑
Cash rose
Bank deposits 39.9k NOK → 70.0k NOK (+75.5% YoY). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.07× → -42.57× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 0 NOK → 81.7k NOK (None YoY). Calculated