AGROØST AS: årsregnskap 2022 vs 2021
Shrank 9% on revenue, slipped into loss
approved 2023-06-08; registry 2023-06-19; journal 2023 480908
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGROØST AS. Revenue 2.49m NOK → 2.27m NOK (-8.6%). Net result +42.6k NOK → -136.0k NOK. Equity 167.8k NOK → 31.8k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AGROØST AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.49m NOK to 2.27m NOK (-8.6% YoY). Calculated
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Operating result weakened
Operating result +74.4k NOK → -102.6k NOK (op. margin 3.0% → -4.5%). Calculated
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Fell into a net loss
Net result flipped from 42.6k NOK profit to a loss of 136.0k NOK. Calculated
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Equity eroded
Book equity 167.8k NOK → 31.8k NOK (equity ratio 11.5% → 2.5%). Calculated
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Cash fell
Bank deposits 31.3k NOK → 24.4k NOK (-22.1% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 85.4k NOK → 49.1k NOK. Reported fact