FirmaIQ
Org.nr 937 775 741 2020 → 2021 Year-over-year analysis

AERON AS: årsregnskap 2021 vs 2020

Shrank 18% on revenue, stronger earnings

approved 2022-03-23; registry 2022-05-23; journal 2022 328705

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AERON AS. Revenue 328.28m NOK → 267.95m NOK (-18.4%). Net result +5.44m NOK → +7.33m NOK. Equity 26.61m NOK → 21.78m NOK.

On the constructive side: operating result improved; net result improved; owners injected capital. Pressures included: revenue fell; equity eroded; cash fell.

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

At a glance

Scorecard

Revenue
328.28m NOK 267.95m NOK
-18.4%
Operating result
+7.93m NOK +9.86m NOK
+24.4%
Net result
+5.44m NOK +7.33m NOK
+34.8%
Equity
26.61m NOK 21.78m NOK
-18.2%
Cash
28.1k NOK 25.8k NOK
-8.1%
Total assets
120.63m NOK 106.71m NOK
-11.5%

What improved

  • ↑

    Operating result improved

    Operating result +7.93m NOK → +9.86m NOK (op. margin 2.4% → 3.7%). Calculated

  • ↑

    Net result improved

    Net result +5.44m NOK → +7.33m NOK (net margin 1.7% → 2.7%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 96.84m NOK → 99.67m NOK (+2.83m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 328.28m NOK to 267.95m NOK (-18.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 26.61m NOK → 21.78m NOK (equity ratio 22.1% → 20.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 28.1k NOK → 25.8k NOK (-8.1% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 81.68m NOK → 83.51m NOK (25% → 31% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 215.76m NOK → 152.66m NOK (-29.2% YoY). Calculated