Org.nr 915 189 687 2019 → 2020 Year-over-year analysis

AIRBORNE AS: årsregnskap 2020 vs 2019

Grew 74709% on revenue, weaker earnings

approved 2021-05-30; registry 2021-08-03; journal 2021 606533

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRBORNE AS. Revenue 1 157 NOK → 865.5k NOK (+74709.3%). Net result +25.2k NOK → +12.7k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRBORNE AS.

At a glance

Revenue

1 157 NOK 865.5k NOK

+74709.3%

Operating result

+32.3k NOK +19.4k NOK

-40.0%

Net result

+25.2k NOK +12.7k NOK

-49.8%

Equity

n/m 60.7k NOK

—

Cash

30.8k NOK 97.5k NOK

+216.0%

Total assets

72.0k NOK 103.6k NOK

+44.0%

↑
Revenue rose

Operating income / revenue moved from 1 157 NOK to 865.5k NOK (+74709.3% YoY). Calculated
↑
Cash rose

Bank deposits 30.8k NOK → 97.5k NOK (+216.0% YoY). Calculated

↓
Operating result weakened

Operating result +32.3k NOK → +19.4k NOK (op. margin 2787.6% → 2.2%). Calculated
↓
Net result weakened

Net result +25.2k NOK → +12.7k NOK (net margin 2181.9% → 1.5%). Calculated