AGROLINK AS: årsregnskap 2021 vs 2020
Grew 39% on revenue, weaker earnings
approved 2022-04-01; registry 2022-04-30; journal 2022 196464
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGROLINK AS. Revenue 6.70m NOK → 9.32m NOK (+39.1%). Net result +592.8k NOK → +409.8k NOK. Equity 6.44m NOK → 6.85m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGROLINK AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.70m NOK to 9.32m NOK (+39.1% YoY). Calculated
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↑
Equity strengthened
Book equity 6.44m NOK → 6.85m NOK (equity ratio 38.9% → 40.7%). Calculated
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↑
Cash rose
Bank deposits 274.8k NOK → 403.1k NOK (+46.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 1.98m NOK → 1.69m NOK (30% → 18% of revenue). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +784.8k NOK → +541.2k NOK (op. margin 11.7% → 5.8%). Calculated
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↓
Net result weakened
Net result +592.8k NOK → +409.8k NOK (net margin 8.8% → 4.4%). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.04m NOK → 3.67m NOK (+254.4% YoY). Calculated