AIO HOLDING AS: årsregnskap 2021 vs 2020
Shrank 89% on revenue, weaker earnings, cash halved-plus
approved 2022-06-30; registry 2022-08-18; journal 2022 885595
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIO HOLDING AS. Revenue 355.5k NOK → 37.9k NOK (-89.3%). Net result +10.14m NOK → +812.7k NOK. Equity 8.34m NOK → 8.51m NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIO HOLDING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +152.5k NOK → +861.8k NOK (op. margin 42.9% → 2273.7%). Calculated
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Equity strengthened
Book equity 8.34m NOK → 8.51m NOK (equity ratio 85.3% → 81.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 355.5k NOK to 37.9k NOK (-89.3% YoY). Calculated
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↓
Net result weakened
Net result +10.14m NOK → +812.7k NOK (net margin 2851.1% → 2144.2%). Calculated
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↓
Cash fell
Bank deposits 251.7k NOK → 111.2k NOK (-55.8% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 13.70× → 0.73× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Book investments changed
Investment / intangible book value 3 NOK → 3.23m NOK. Reported fact