AGROSENSE AS: årsregnskap 2022 vs 2021
Shrank 35% on revenue, weaker earnings
approved 2023-06-28; registry 2023-07-05; journal 2023 545645
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AGROSENSE AS. Revenue 448.1k NOK → 290.3k NOK (-35.2%). Net result -11.7k NOK → -532.5k NOK. Equity 212.5k NOK → -125.0k NOK.
On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AGROSENSE AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 55.4k NOK → 603.5k NOK (+989.6% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.49× → 7.05×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 448.1k NOK to 290.3k NOK (-35.2% YoY). Calculated
-
↓
Operating result weakened
Operating result -45.7k NOK → -486.3k NOK (op. margin -10.2% → -167.5%). Calculated
-
↓
Net result weakened
Net result -11.7k NOK → -532.5k NOK (net margin -2.6% → -183.5%). Calculated
-
↓
Equity eroded
Book equity 212.5k NOK → -125.0k NOK (equity ratio 27.9% → -13.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 252.6k NOK → 1.65m NOK (56% → 568% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -13.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Paid-in equity reduced
Paid-in equity fell 335.0k NOK → 530 NOK — check capital reduction, conversion, or reclassification. Interpretation
-
·
COGS fell
COGS / varekostnad 28.1k NOK → 400 NOK (-98.6% YoY). Calculated