Org.nr 914 626 579 2020 → 2021 Year-over-year analysis

AIGNITE AS: årsregnskap 2021 vs 2020

Grew 57% on revenue, weaker earnings

approved 2022-07-26; registry 2022-07-28; journal 2022 810054

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIGNITE AS. Revenue 1.43m NOK → 2.26m NOK (+57.5%). Net result +419.8k NOK → +314.4k NOK. Equity 12.15m NOK → 466.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIGNITE AS.

Scorecard

Revenue
1.43m NOK 2.26m NOK
+57.5%
Operating result
+536.9k NOK +314.0k NOK
-41.5%
Net result
+419.8k NOK +314.4k NOK
-25.1%
Equity
12.15m NOK 466.7k NOK
-96.2%
Cash
428.9k NOK 258.3k NOK
-39.8%
Total assets
917.1k NOK 800.2k NOK
-12.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.43m NOK to 2.26m NOK (+57.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +536.9k NOK → +314.0k NOK (op. margin 37.5% → 13.9%). Calculated

  • ↓

    Net result weakened

    Net result +419.8k NOK → +314.4k NOK (net margin 29.3% → 13.9%). Calculated

  • ↓

    Equity eroded

    Book equity 12.15m NOK → 466.7k NOK (equity ratio 1325.0% → 58.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 428.9k NOK → 258.3k NOK (-39.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 4 NOK → 885.6k NOK (0% → 39% of revenue). Calculated