FirmaIQ
Org.nr 940 435 781 2019 → 2020 Year-over-year analysis

AGROSENTERET AS: årsregnskap 2020 vs 2019

Shrank 15% on revenue, weaker earnings

approved 2021-06-22; registry 2021-07-15; journal 2021 488874

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGROSENTERET AS. Revenue 67.44m NOK → 57.43m NOK (-14.8%). Net result +793.2k NOK → +535.8k NOK. Equity 4.62m NOK → 5.16m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGROSENTERET AS.

At a glance

Scorecard

Revenue
67.44m NOK 57.43m NOK
-14.8%
Operating result
+1.24m NOK +785.2k NOK
-36.4%
Net result
+793.2k NOK +535.8k NOK
-32.5%
Equity
4.62m NOK 5.16m NOK
+11.6%
Cash
467.4k NOK 238.0k NOK
-49.1%
Total assets
n/m 18.06m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 4.62m NOK → 5.16m NOK. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 67.44m NOK to 57.43m NOK (-14.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.24m NOK → +785.2k NOK (op. margin 1.8% → 1.4%). Calculated

  • ↓

    Net result weakened

    Net result +793.2k NOK → +535.8k NOK (net margin 1.2% → 0.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 467.4k NOK → 238.0k NOK (-49.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.81m NOK → 6.09m NOK (9% → 11% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 56.18m NOK → 46.10m NOK (-17.9% YoY). Calculated