Org.nr 996 735 664 2020 → 2021 Year-over-year analysis

AGROTECH PRODUCTION AS: årsregnskap 2021 vs 2020

Grew 15% on revenue, returned to profit

approved 2022-04-08; registry 2022-05-04; journal 2022 201803

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AGROTECH PRODUCTION AS. Revenue 34.57m NOK → 39.69m NOK (+14.8%). Net result -1.58m NOK → +892.2k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.

Scorecard

Revenue
34.57m NOK 39.69m NOK
+14.8%
Operating result
-1.22m NOK +1.27m NOK
+204.7%
Net result
-1.58m NOK +892.2k NOK
+156.6%
Cash
2.35m NOK 2.01m NOK
-14.6%
Total assets
4.39m NOK 3.69m NOK
-15.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.57m NOK to 39.69m NOK (+14.8% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.22m NOK → +1.27m NOK (op. margin -3.5% → 3.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.58m NOK to a profit of 892.2k NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.35m NOK → 2.01m NOK (-14.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 33.70m NOK → 36.41m NOK (+8.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1.5 → 1. Reported fact