AI-IOT AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-02; journal 2022 860506
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AI-IOT AS. Revenue 459.8k NOK → 730 NOK (-99.8%). Net result +350.4k NOK → +261.3k NOK. Equity 390.4k NOK → 651.7k NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AI-IOT AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 390.4k NOK → 651.7k NOK (equity ratio 38.5% → 17.6%). Calculated
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↑
Cash rose
Bank deposits 174.8k NOK → 948.6k NOK (+442.7% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.78× → 1.33×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 459.8k NOK to 730 NOK (-99.8% YoY). Calculated
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↓
Operating result weakened
Operating result +449.2k NOK → +339.2k NOK (op. margin 97.7% → 46465.8%). Calculated
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↓
Net result weakened
Net result +350.4k NOK → +261.3k NOK (net margin 76.2% → 35791.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 38.6k NOK → 36.4k NOK. Reported fact