FirmaIQ
Org.nr 922 205 612 2020 → 2021 Year-over-year analysis

AGROLIFE AS: årsregnskap 2021 vs 2020

Shrank 85% on revenue, stronger earnings, fresh owner capital

approved 2022-06-30; registry 2022-08-02; journal 2022 847871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGROLIFE AS. Revenue 246.0k NOK → 36.7k NOK (-85.1%). Net result +26.2k NOK → +292.5k NOK. Equity 28.9k NOK → 321.3k NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AGROLIFE AS.

At a glance

Scorecard

Revenue
246.0k NOK 36.7k NOK
-85.1%
Operating result
+28.9k NOK +374.0k NOK
+1193.4%
Net result
+26.2k NOK +292.5k NOK
+1015.0%
Equity
28.9k NOK 321.3k NOK
+1013.3%
Cash
70.0k NOK 313.7k NOK
+348.0%
Total assets
337.6k NOK 679.8k NOK
+101.3%

What improved

  • ↑

    Operating result improved

    Operating result +28.9k NOK → +374.0k NOK (op. margin 11.8% → 1018.6%). Calculated

  • ↑

    Net result improved

    Net result +26.2k NOK → +292.5k NOK (net margin 10.7% → 796.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 28.9k NOK → 321.3k NOK (equity ratio 8.5% → 47.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 70.0k NOK → 313.7k NOK (+348.0% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -42.57× → 4.24×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 246.0k NOK to 36.7k NOK (-85.1% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 81.7k NOK → 493.4k NOK (+503.9% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact