AERO ENGINEERING AS: årsregnskap 2021 vs 2020
Shrank 11% on revenue, stronger earnings
approved 2022-04-06; registry 2022-04-16; journal 2022 205293
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AERO ENGINEERING AS. Revenue 2.50m NOK → 2.22m NOK (-11.4%). Net result +520.0k NOK → +1.40m NOK. Equity 2.70m NOK → 3.95m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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Net result improved
Net result +520.0k NOK → +1.40m NOK (net margin 20.8% → 63.2%). Calculated
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Equity strengthened
Book equity 2.70m NOK → 3.95m NOK (equity ratio 75.6% → 84.5%). Calculated
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Cash rose
Bank deposits 488.1k NOK → 506.9k NOK (+3.9% YoY). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.50m NOK to 2.22m NOK (-11.4% YoY). Calculated
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Operating result weakened
Operating result +1.39m NOK → +1.15m NOK (op. margin 55.7% → 51.7%). Calculated
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Payroll up without matching revenue
Salary cost 866.3k NOK → 887.9k NOK (35% → 40% of revenue). Calculated