AINNOVATE AS: årsregnskap 2021 vs 2020
Grew 2530% on revenue, slipped into loss
approved 2022-06-10; registry 2022-06-30; journal 2022 565146
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AINNOVATE AS. Revenue 32.6k NOK → 857.3k NOK (+2529.9%). Net result +62.8k NOK → -108.1k NOK. Equity 158.9k NOK → 50.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AINNOVATE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 32.6k NOK to 857.3k NOK (+2529.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +80.9k NOK → -138.1k NOK (op. margin 248.3% → -16.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 62.8k NOK profit to a loss of 108.1k NOK. Calculated
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↓
Equity eroded
Book equity 158.9k NOK → 50.9k NOK (equity ratio 35.1% → 16.7%). Calculated
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↓
Cash fell
Bank deposits 371.6k NOK → 261.2k NOK (-29.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 766.9k NOK → 775.4k NOK (2353% → 90% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 73.9k NOK → 43.8k NOK (-40.7% YoY). Calculated