Org.nr 822 760 082 2020 → 2021 Year-over-year analysis

AIOT SENSE AS: årsregnskap 2021 vs 2020

Shrank 97% on revenue, weaker earnings, cash halved-plus

approved 2022-02-09; registry 2022-03-28; journal 2022 167991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIOT SENSE AS. Revenue 4.08m NOK → 115.1k NOK (-97.2%). Net result +1.23m NOK → +63.7k NOK. Equity 31.1k NOK → 94.8k NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

Scorecard

Revenue
4.08m NOK 115.1k NOK
-97.2%
Operating result
+1.45m NOK +81.7k NOK
-94.4%
Net result
+1.23m NOK +63.7k NOK
-94.8%
Equity
31.1k NOK 94.8k NOK
+205.0%
Cash
417.6k NOK 51.3k NOK
-87.7%
Total assets
427.0k NOK 115.0k NOK
-73.1%

What improved

  • ↑

    Equity strengthened

    Book equity 31.1k NOK → 94.8k NOK (equity ratio 7.3% → 82.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.35m NOK → 2 NOK (33% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.08m NOK to 115.1k NOK (-97.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.45m NOK → +81.7k NOK (op. margin 35.5% → 71.0%). Calculated

  • ↓

    Net result weakened

    Net result +1.23m NOK → +63.7k NOK (net margin 30.1% → 55.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 417.6k NOK → 51.3k NOK (-87.7% YoY). Calculated