Org.nr 823 614 942 2020 → 2021 Year-over-year analysis

AIMS INTERNATIONAL NORWAY AS: årsregnskap 2021 vs 2020

Shrank 49% on revenue, slipped into loss, cash halved-plus

approved 2022-06-15; registry 2022-06-20; journal 2022 476035

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIMS INTERNATIONAL NORWAY AS. Revenue 535.1k NOK → 273.7k NOK (-48.9%). Net result +70.9k NOK → -89.5k NOK. Equity 30.0k NOK → -59.5k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIMS INTERNATIONAL NORWAY AS.

Scorecard

Revenue
535.1k NOK 273.7k NOK
-48.9%
Operating result
+90.9k NOK -89.2k NOK
-198.2%
Net result
+70.9k NOK -89.5k NOK
-226.2%
Equity
30.0k NOK -59.5k NOK
-298.3%
Cash
206.2k NOK 1 595 NOK
-99.2%
Total assets
249.3k NOK 1 840 NOK
-99.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 535.1k NOK to 273.7k NOK (-48.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +90.9k NOK → -89.2k NOK (op. margin 17.0% → -32.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 70.9k NOK profit to a loss of 89.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 30.0k NOK → -59.5k NOK (equity ratio 12.0% → -3232.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 206.2k NOK → 1 595 NOK (-99.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3232.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation