AIFY AS: årsregnskap 2021 vs 2020
Shrank 14% on revenue, weaker earnings
approved 2022-03-14; registry 2022-03-16; journal 2022 148782
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIFY AS. Revenue 2.24m NOK → 1.93m NOK (-14.0%). Net result +478.6k NOK → +269.0k NOK. Equity 67.3k NOK → 86.2k 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: thin equity buffer. All figures are taken from the published annual accounts for AIFY AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 67.3k NOK → 86.2k NOK (equity ratio 5611.7% → 9.2%). Calculated
-
↑
Cash rose
Bank deposits 153.0k NOK → 906.0k NOK (+492.3% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.01× → 1.07×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.24m NOK to 1.93m NOK (-14.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +615.2k NOK → +345.5k NOK (op. margin 27.5% → 17.9%). Calculated
-
↓
Net result weakened
Net result +478.6k NOK → +269.0k NOK (net margin 21.4% → 14.0%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 9.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation