AGROSENSE AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, weaker earnings, fresh owner capital
approved 2021-05-31; registry 2021-06-03; journal 2021 381424
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AGROSENSE AS. Revenue 150.0k NOK → 550 NOK (-99.6%). Net result -3 469 NOK → -107.3k NOK. Equity 21.0k NOK → -80.8k NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AGROSENSE AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 52.7k NOK → 311.6k NOK (+491.8% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 150.0k NOK to 550 NOK (-99.6% YoY). Calculated
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↓
Operating result weakened
Operating result -3 485 NOK → -106.9k NOK (op. margin -2.3% → -19435.6%). Calculated
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↓
Net result weakened
Net result -3 469 NOK → -107.3k NOK (net margin -2.3% → -19510.9%). Calculated
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↓
Equity eroded
Book equity 21.0k NOK → -80.8k NOK (equity ratio 30.0% → -17.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.43× → 0.56× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -17.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation