AION AS: årsregnskap 2021 vs 2020
Grew 21704% on revenue, weaker earnings
approved 2022-06-30; registry 2022-08-30; journal 2022 900268
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AION AS. Revenue 259.9k NOK → 56.66m NOK (+21703.7%). Net result -376.7k NOK → -12.91m NOK. Equity -565.0k NOK → -13.07m NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AION AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 259.9k NOK to 56.66m NOK (+21703.7% YoY). Calculated
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↑
Cash rose
Bank deposits 0 NOK → 759.6k NOK (None YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -362.8k NOK → -12.49m NOK (op. margin -139.6% → -22.0%). Calculated
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↓
Net result weakened
Net result -376.7k NOK → -12.91m NOK (net margin -145.0% → -22.8%). Calculated
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↓
Equity eroded
Book equity -565.0k NOK → -13.07m NOK (equity ratio -0.8% → -54.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -54.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 208 NOK → 6 166 NOK (0% → 0% of revenue). Calculated
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COGS moved
COGS / varekostnad 393.9k NOK → 51.90m NOK (+13076.8% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 0 → 5. Reported fact