ACCESS AIR CHARTER AS: årsregnskap 2021 vs 2020
Grew 181248% on revenue, weaker earnings, cash halved-plus
approved 2022-09-13; registry 2022-09-17; journal 2022 927656
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for ACCESS AIR CHARTER AS. Revenue 1 083 NOK → 1.96m NOK (+181247.6%). Net result +194.6k NOK → +66.3k NOK. Equity 82.3k NOK → 148.7k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACCESS AIR CHARTER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1 083 NOK to 1.96m NOK (+181247.6% YoY). Calculated
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Equity strengthened
Book equity 82.3k NOK → 148.7k NOK (equity ratio 9.8% → 62.9%). Calculated
What deteriorated
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Operating result weakened
Operating result +208.4k NOK → +116.6k NOK (op. margin 19245.6% → 5.9%). Calculated
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↓
Net result weakened
Net result +194.6k NOK → +66.3k NOK (net margin 17972.6% → 3.4%). Calculated
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↓
Cash fell
Bank deposits 109.3k NOK → 30.3k NOK (-72.3% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 847.4k NOK → 756.2k NOK (-10.8% YoY). Calculated