Org.nr 913 440 781 2021 → 2022 Year-over-year analysis

AERIAL GEO SURVEY AS: årsregnskap 2022 vs 2021

Grew 78% on revenue, weaker earnings, cash halved-plus

approved 2023-06-30; registry 2023-08-02; journal 2023 691740

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AERIAL GEO SURVEY AS. Revenue 387.6k NOK → 691.6k NOK (+78.4%). Net result +79.2k NOK → +51.1k NOK. Equity 112.6k NOK → 163.7k NOK.

On the constructive side: revenue rose; equity strengthened; payroll decreased. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AERIAL GEO SURVEY AS.

Scorecard

Revenue
387.6k NOK 691.6k NOK
+78.4%
Operating result
+100.8k NOK +65.0k NOK
-35.5%
Net result
+79.2k NOK +51.1k NOK
-35.4%
Equity
112.6k NOK 163.7k NOK
+45.4%
Cash
26.1k NOK 10.3k NOK
-60.7%
Total assets
119.0k NOK 30.3k NOK
-74.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 387.6k NOK to 691.6k NOK (+78.4% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 112.6k NOK → 163.7k NOK (equity ratio 94.6% → 540.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.23m NOK → 3 490 NOK (316% → 1% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +100.8k NOK → +65.0k NOK (op. margin 26.0% → 9.4%). Calculated

  • ↓

    Net result weakened

    Net result +79.2k NOK → +51.1k NOK (net margin 20.4% → 7.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 26.1k NOK → 10.3k NOK (-60.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 22.29× → -0.22× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1. Reported fact