AIR2WORK AS: årsregnskap 2020 vs 2019
Stronger earnings
approved 2021-08-31; registry 2021-10-25; journal 2021 862032
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIR2WORK AS. Net result +49.3k NOK → +11.00m NOK. Equity 30.0k NOK → 30.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR2WORK AS.
At a glance
Scorecard
Operating result
-39.7k NOK
-31.2k NOK
+21.3%
Net result
+49.3k NOK
+11.00m NOK
+22219.2%
Equity
30.0k NOK
30.0k NOK
0.0%
Cash
3 118 NOK
62.9k NOK
+1917.4%
Total assets
452.1k NOK
11.45m NOK
+2433.6%
What improved
-
↑
Operating result improved
Operating result -39.7k NOK → -31.2k NOK. Calculated
-
↑
Net result improved
Net result +49.3k NOK → +11.00m NOK. Calculated
-
↑
Cash rose
Bank deposits 3 118 NOK → 62.9k NOK (+1917.4% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation