FirmaIQ
Org.nr 898 433 072 2020 → 2021 Year-over-year analysis

AERO NORWAY AS: årsregnskap 2021 vs 2020

Shrank 30% on revenue, slipped into loss, cash halved-plus

approved 2022-03-25; registry 2022-05-02; journal 2022 198159

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AERO NORWAY AS. Revenue 161.54m NOK → 113.05m NOK (-30.0%). Net result +4.47m NOK → -2.82m NOK. Equity 17.35m NOK → 14.53m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
161.54m NOK 113.05m NOK
-30.0%
Operating result
+6.24m NOK -3.16m NOK
-150.6%
Net result
+4.47m NOK -2.82m NOK
-163.0%
Equity
17.35m NOK 14.53m NOK
-16.2%
Cash
906.2k NOK 433.8k NOK
-52.1%
Total assets
50.91m NOK 84.31m NOK
+65.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 161.54m NOK to 113.05m NOK (-30.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.24m NOK → -3.16m NOK (op. margin 3.9% → -2.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 4.47m NOK profit to a loss of 2.82m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.35m NOK → 14.53m NOK (equity ratio 34.1% → 17.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 906.2k NOK → 433.8k NOK (-52.1% YoY). Calculated