Org.nr 925 254 908 2020 → 2021 Year-over-year analysis

ACEPILOT AS: årsregnskap 2021 vs 2020

Grew 5095% on revenue, weaker earnings

approved 2022-06-30; registry 2022-07-04; journal 2022 595497

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for ACEPILOT AS. Revenue 32.3k NOK → 1.68m NOK (+5095.4%). Net result -73.5k NOK → -131.4k NOK. Equity -49.1k NOK → -180.4k NOK.

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

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

Scorecard

Revenue
32.3k NOK 1.68m NOK
+5095.4%
Operating result
-37.0k NOK +233.3k NOK
+730.7%
Net result
-73.5k NOK -131.4k NOK
-78.7%
Equity
-49.1k NOK -180.4k NOK
-267.6%
Cash
12.3k NOK 391.2k NOK
+3080.0%
Total assets
3.47m NOK 20.63m NOK
+493.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 32.3k NOK to 1.68m NOK (+5095.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -37.0k NOK → +233.3k NOK (op. margin -114.5% → 13.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 12.3k NOK → 391.2k NOK (+3080.0% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -73.5k NOK → -131.4k NOK (net margin -227.5% → -7.8%). Calculated

  • ↓

    Equity eroded

    Book equity -49.1k NOK → -180.4k NOK (equity ratio -1.4% → -0.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 34.3k NOK → 1.14m NOK (+3229.1% YoY). Calculated