Org.nr 997 775 996 2020 → 2021 Year-over-year analysis

AGRONOMIC AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-11-07; registry 2022-11-09; journal 2022 942164

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGRONOMIC AS. Net result -171.8k NOK → -152.9k NOK. Equity -178.6k NOK → -331.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGRONOMIC AS.

Scorecard

Revenue
139 NOK n/m
—
Operating result
-171.8k NOK -152.9k NOK
+11.0%
Net result
-171.8k NOK -152.9k NOK
+11.0%
Equity
-178.6k NOK -331.5k NOK
-85.7%
Cash
402.6k NOK 402.6k NOK
0.0%
Total assets
2.28m NOK 2.13m NOK
-6.7%

What improved

  • ↑

    Operating result improved

    Operating result -171.8k NOK → -152.9k NOK. Calculated

  • ↑

    Net result improved

    Net result -171.8k NOK → -152.9k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -178.6k NOK → -331.5k NOK (equity ratio -7.8% → -15.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -15.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation