Org.nr 993 644 838 2020 → 2021 Year-over-year analysis

AIR SPONGE NORGE AS: årsregnskap 2021 vs 2020

Grew 55% on revenue, returned to profit

approved 2022-03-25; registry 2022-03-31; journal 2022 178461

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIR SPONGE NORGE AS. Revenue 5.66m NOK → 8.77m NOK (+54.9%). Net result -52.7k NOK → +492.9k NOK. Equity 13.2k NOK → 466.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved; book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIR SPONGE NORGE AS.

Scorecard

Revenue
5.66m NOK 8.77m NOK
+54.9%
Operating result
+14.6k NOK +644.3k NOK
+4321.7%
Net result
-52.7k NOK +492.9k NOK
+1035.5%
Equity
13.2k NOK 466.1k NOK
+3420.9%
Cash
13.7k NOK 1.26m NOK
+9097.3%
Total assets
1.66m NOK 2.68m NOK
+61.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 5.66m NOK to 8.77m NOK (+54.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +14.6k NOK → +644.3k NOK (op. margin 0.3% → 7.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 52.7k NOK to a profit of 492.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 13.2k NOK → 466.1k NOK (equity ratio 0.8% → 17.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.7k NOK → 1.26m NOK (+9097.3% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 2.93m NOK → 4.81m NOK (+64.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 40.0k NOK → 31.7k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 1.2. Reported fact