Org.nr 926 409 255 2020 → 2021 Year-over-year analysis

AIR BAG AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-05-10; registry 2022-05-21; journal 2022 312416

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIR BAG AS. Equity 200.0k NOK → 92.6k NOK.

On the constructive side: cash rose. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AIR BAG AS.

Scorecard

Revenue
n/m 0 NOK
—
Operating result
n/m -258.9k NOK
—
Net result
n/m -207.4k NOK
—
Equity
200.0k NOK 92.6k NOK
-53.7%
Cash
200.0k NOK 471.5k NOK
+135.7%
Total assets
200.0k NOK 116.0k NOK
-42.0%

What improved

  • ↑

    Cash rose

    Bank deposits 200.0k NOK → 471.5k NOK (+135.7% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 200.0k NOK → 92.6k NOK (equity ratio 100.0% → 79.8%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 200.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation