Org.nr 926 409 255 2021 → 2022 Year-over-year analysis

AIR BAG AS: årsregnskap 2022 vs 2021

Returned to profit, fresh owner capital

approved 2023-03-30; registry 2023-05-10; journal 2023 394618

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AIR BAG AS. Revenue 0 NOK → 2 100 NOK. Net result -207.4k NOK → +20.4k NOK. Equity 92.6k NOK → 3.05m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIR BAG AS.

At a glance

Revenue

0 NOK 2 100 NOK

—

Operating result

-258.9k NOK +20.4k NOK

+107.9%

Net result

-207.4k NOK +20.4k NOK

+109.8%

Equity

92.6k NOK 3.05m NOK

+3198.9%

Cash

471.5k NOK 783.4k NOK

+66.2%

Total assets

116.0k NOK 6.73m NOK

+5703.2%

↑
Revenue rose

Operating income / revenue moved from 0 NOK to 2 100 NOK. Calculated
↑
Operating result improved

Operating result -258.9k NOK → +20.4k NOK. Calculated
↑
Turned profitable

Net result flipped from a loss of 207.4k NOK to a profit of 20.4k NOK. Calculated
↑
Equity strengthened

Book equity 92.6k NOK → 3.05m NOK (equity ratio 79.8% → 45.4%). Calculated
↑
Cash rose

Bank deposits 471.5k NOK → 783.4k NOK (+66.2% YoY). Calculated

↓
Current ratio dropped below 1×

Current ratio 26.54× → 0.21× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated