AIR BP NORWAY AS: årsregnskap 2021 vs 2020
Shrank 100% on revenue, returned to profit
approved 2022-06-28; registry 2022-07-20; journal 2022 662790
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIR BP NORWAY AS. Revenue 131.55m NOK → 185.9k NOK (-99.9%). Net result -4.52m NOK → +6.52m NOK. Equity 36.90m NOK → 43.42m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR BP NORWAY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3.63m NOK → +7.22m NOK (op. margin -2.8% → 3885.4%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 4.52m NOK to a profit of 6.52m NOK. Calculated
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↑
Equity strengthened
Book equity 36.90m NOK → 43.42m NOK (equity ratio 44.4% → 48.7%). Calculated
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↑
Payroll decreased
Salary cost 3.22m NOK → 2.78m NOK (2% → 1493% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 131.55m NOK to 185.9k NOK (-99.9% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 36.90m NOK → 25.77m NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 14.12m NOK → 3.16m NOK (-77.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 9.92m NOK → 9.67m NOK. Reported fact