FirmaIQ
Org.nr 981 887 069 2020 → 2021 Year-over-year analysis

AGROVIN AS: årsregnskap 2021 vs 2020

Shrank 14% on revenue, weaker earnings

approved 2022-06-29; registry 2022-07-21; journal 2022 760274

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AGROVIN AS. Revenue 5.41m NOK → 4.63m NOK (-14.3%). Net result +523.1k NOK → +286.1k NOK. Equity 5.07m NOK → 5.36m NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
5.41m NOK 4.63m NOK
-14.3%
Operating result
+688.5k NOK +368.7k NOK
-46.5%
Net result
+523.1k NOK +286.1k NOK
-45.3%
Equity
5.07m NOK 5.36m NOK
+5.6%
Cash
40.1k NOK 5.12m NOK
+12675.8%
Total assets
7.38m NOK 7.36m NOK
-0.3%

What improved

  • ↑

    Equity strengthened

    Book equity 5.07m NOK → 5.36m NOK (equity ratio 68.7% → 72.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 40.1k NOK → 5.12m NOK (+12675.8% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.84× → 1.30×. Calculated

  • ↑

    Payroll decreased

    Salary cost 728.5k NOK → 1 372 NOK (13% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.41m NOK to 4.63m NOK (-14.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +688.5k NOK → +368.7k NOK (op. margin 12.7% → 8.0%). Calculated

  • ↓

    Net result weakened

    Net result +523.1k NOK → +286.1k NOK (net margin 9.7% → 6.2%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 691.9k NOK → 770.5k NOK (+11.4% YoY). Calculated