AGROØST AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-06-10; registry 2021-07-03; journal 2021 437320
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGROØST AS. Revenue 2.64m NOK → 2.61m NOK (-1.3%). Net result +10.7k NOK → +149.2k NOK. Equity -24.0k NOK → 125.1k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cogs moved.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AGROØST AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +50.6k NOK → +188.0k NOK (op. margin 1.9% → 7.2%). Calculated
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↑
Net result improved
Net result +10.7k NOK → +149.2k NOK (net margin 0.4% → 5.7%). Calculated
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↑
Equity strengthened
Book equity -24.0k NOK → 125.1k NOK (equity ratio -2.2% → 9.3%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.20× → 1.08×. Calculated
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↑
Payroll decreased
Salary cost 711.8k NOK → 624.3k NOK (27% → 24% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.64m NOK to 2.61m NOK (-1.3% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 275.3k NOK → 1.30m NOK (+372.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 40.0k NOK → 121.8k NOK. Reported fact