AGROØST AS: årsregnskap 2021 vs 2020
Weaker earnings
approved 2022-05-13; registry 2022-06-23; journal 2022 499324
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AGROØST AS. Revenue 2.61m NOK → 2.49m NOK (-4.6%). Net result +149.2k NOK → +42.6k NOK. Equity 125.1k NOK → 167.8k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; 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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↑
Equity strengthened
Book equity 125.1k NOK → 167.8k NOK (equity ratio 9.3% → 11.5%). Calculated
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↑
Cash rose
Bank deposits 19.6k NOK → 31.3k NOK (+59.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 2.61m NOK to 2.49m NOK (-4.6% YoY). Calculated
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↓
Operating result weakened
Operating result +188.0k NOK → +74.4k NOK (op. margin 7.2% → 3.0%). Calculated
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↓
Net result weakened
Net result +149.2k NOK → +42.6k NOK (net margin 5.7% → 1.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 624.3k NOK → 675.7k NOK (24% → 27% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 1.30m NOK → 1.28m NOK (-1.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 121.8k NOK → 85.4k NOK. Reported fact