FirmaIQ
Org.nr 983 030 203 2019 → 2020 Year-over-year analysis

AGROTRADE AS: årsregnskap 2020 vs 2019

Grew 20% on revenue, weaker earnings

approved 2021-05-28; registry 2021-05-31; journal 2021 357629

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AGROTRADE AS. Revenue 1.97m NOK → 2.37m NOK (+20.2%). Net result +271.4k NOK → +3 830 NOK. Equity 1.69m NOK → 1.69m NOK.

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

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

At a glance

Scorecard

Revenue
1.97m NOK 2.37m NOK
+20.2%
Operating result
+347.7k NOK -26.5k NOK
-107.6%
Net result
+271.4k NOK +3 830 NOK
-98.6%
Equity
1.69m NOK 1.69m NOK
+0.2%
Cash
450.4k NOK 472.5k NOK
+4.9%
Total assets
2.01m NOK n/m
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.97m NOK to 2.37m NOK (+20.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 1.69m NOK → 1.69m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 450.4k NOK → 472.5k NOK (+4.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 4.38×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +347.7k NOK → -26.5k NOK (op. margin 17.7% → -1.1%). Calculated

  • ↓

    Net result weakened

    Net result +271.4k NOK → +3 830 NOK (net margin 13.8% → 0.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 891.7k NOK → 694.3k NOK (-22.1% YoY). Calculated