FirmaIQ
Org.nr 983 030 203 2020 → 2021 Year-over-year analysis

AGROTRADE AS: årsregnskap 2021 vs 2020

Grew 25% on revenue, stronger earnings

approved 2022-05-31; registry 2022-06-04; journal 2022 413322

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGROTRADE AS. Revenue 2.37m NOK → 2.97m NOK (+25.5%). Net result +3 830 NOK → +163.0k NOK. Equity 1.69m NOK → 1.86m NOK.

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

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

At a glance

Scorecard

Revenue
2.37m NOK 2.97m NOK
+25.5%
Operating result
-26.5k NOK +240.6k NOK
+1009.1%
Net result
+3 830 NOK +163.0k NOK
+4155.5%
Equity
1.69m NOK 1.86m NOK
+9.6%
Cash
472.5k NOK 265.3k NOK
-43.9%
Total assets
n/m 2.41m NOK
—

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.37m NOK to 2.97m NOK (+25.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -26.5k NOK → +240.6k NOK (op. margin -1.1% → 8.1%). Calculated

  • ↑

    Net result improved

    Net result +3 830 NOK → +163.0k NOK (net margin 0.2% → 5.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.69m NOK → 1.86m NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 472.5k NOK → 265.3k NOK (-43.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 694.3k NOK → 2.38m NOK (+242.1% YoY). Calculated