AGRONOR AS: årsregnskap 2020 vs 2019
Shrank 84% on revenue, weaker earnings
approved 2021-04-11; registry 2021-06-12; journal 2021 300124
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGRONOR AS. Revenue 1.06m NOK → 166.3k NOK (-84.4%). Net result -517.9k NOK → -673.4k NOK. Equity 13.97m NOK → 12.30m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGRONOR AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.06m NOK to 166.3k NOK (-84.4% YoY). Calculated
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Operating result weakened
Operating result -872.0k NOK → -1.01m NOK (op. margin -81.9% → -606.8%). Calculated
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Net result weakened
Net result -517.9k NOK → -673.4k NOK (net margin -48.7% → -405.1%). Calculated
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Equity eroded
Book equity 13.97m NOK → 12.30m NOK (equity ratio 89.8% → 90.4%). Calculated
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Cash fell
Bank deposits 13.85m NOK → 12.08m NOK (-12.8% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 1.32m NOK → 35.3k NOK (-97.3% YoY). Calculated