AGRONOMEN AS: årsregnskap 2022 vs 2021
Shrank 51% on revenue, weaker earnings, cash halved-plus
approved 2023-06-08; registry 2023-06-12; journal 2023 480828
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGRONOMEN AS. Revenue 173.3k NOK → 84.7k NOK (-51.1%). Net result -18.7k NOK → -72.4k NOK. Equity 17.3k NOK → -55.1k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGRONOMEN AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 173.3k NOK to 84.7k NOK (-51.1% YoY). Calculated
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Operating result weakened
Operating result -18.7k NOK → -157.8k NOK (op. margin -10.8% → -186.3%). Calculated
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↓
Net result weakened
Net result -18.7k NOK → -72.4k NOK (net margin -10.8% → -85.5%). Calculated
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↓
Equity eroded
Book equity 17.3k NOK → -55.1k NOK (equity ratio 24.7% → -2.9%). Calculated
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Cash fell
Bank deposits 70.1k NOK → 984 NOK (-98.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 84.9k NOK → 31.1k NOK (-63.4% YoY). Calculated