AERIAL GEO SURVEY AS: årsregnskap 2021 vs 2020
Grew 66% on revenue, stronger earnings
approved 2022-06-30; registry 2022-07-05; journal 2022 623746
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AERIAL GEO SURVEY AS. Revenue 233.1k NOK → 387.6k NOK (+66.2%). Net result +55.1k NOK → +79.2k NOK. Equity 33.4k NOK → 112.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AERIAL GEO SURVEY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 233.1k NOK to 387.6k NOK (+66.2% YoY). Calculated
-
↑
Operating result improved
Operating result +55.1k NOK → +100.8k NOK (op. margin 23.6% → 26.0%). Calculated
-
↑
Net result improved
Net result +55.1k NOK → +79.2k NOK (net margin 23.6% → 20.4%). Calculated
-
↑
Equity strengthened
Book equity 33.4k NOK → 112.6k NOK (equity ratio 47.2% → 94.6%). Calculated
What deteriorated
-
↓
Cash fell
Bank deposits 28.7k NOK → 26.1k NOK (-9.0% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 93.7k NOK → 1.23m NOK (40% → 316% of revenue). Calculated