AIRBORNE AS: årsregnskap 2021 vs 2020
Shrank 31% on revenue, slipped into loss, cash halved-plus
approved 2022-05-12; registry 2022-06-29; journal 2022 546131
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRBORNE AS. Revenue 865.5k NOK → 596.8k NOK (-31.0%). Net result +12.7k NOK → -18.7k NOK. Equity 60.7k NOK → 42.0k NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRBORNE AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 865.5k NOK to 596.8k NOK (-31.0% YoY). Calculated
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Operating result weakened
Operating result +19.4k NOK → -20.9k NOK (op. margin 2.2% → -3.5%). Calculated
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Fell into a net loss
Net result flipped from 12.7k NOK profit to a loss of 18.7k NOK. Calculated
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Equity eroded
Book equity 60.7k NOK → 42.0k NOK (equity ratio 58.6% → 109.3%). Calculated
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Cash fell
Bank deposits 97.5k NOK → 32.5k NOK (-66.7% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 83.0k NOK → 26.7k NOK (-67.8% YoY). Calculated