Org.nr 996 735 664 2021 → 2022 Year-over-year analysis

AGROTECH PRODUCTION AS: årsregnskap 2022 vs 2021

Grew 18% on revenue, weaker earnings

approved 2023-04-25; registry 2023-05-16; journal 2023 386144

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AGROTECH PRODUCTION AS. Revenue 39.69m NOK → 46.93m NOK (+18.2%). Net result +892.2k NOK → +320.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AGROTECH PRODUCTION AS.

At a glance

Revenue

39.69m NOK 46.93m NOK

+18.2%

Operating result

+1.27m NOK +570.8k NOK

-55.2%

Net result

+892.2k NOK +320.7k NOK

-64.1%

Equity

n/m -4.20m NOK

—

Cash

2.01m NOK 2.33m NOK

+16.2%

Total assets

3.69m NOK 6.06m NOK

+64.0%

↑
Revenue rose

Operating income / revenue moved from 39.69m NOK to 46.93m NOK (+18.2% YoY). Calculated
↑
Cash rose

Bank deposits 2.01m NOK → 2.33m NOK (+16.2% YoY). Calculated

↓
Operating result weakened

Operating result +1.27m NOK → +570.8k NOK (op. margin 3.2% → 1.2%). Calculated
↓
Net result weakened

Net result +892.2k NOK → +320.7k NOK (net margin 2.2% → 0.7%). Calculated

·
COGS moved

COGS / varekostnad 36.41m NOK → 43.72m NOK (+20.1% YoY). Calculated