Org.nr 971 219 270 2020 → 2021 Year-over-year analysis

AIRBROKER AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-05-18; registry 2022-07-04; journal 2022 556806

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRBROKER AS. Net result -36.2k NOK → -31.7k NOK. Equity 9.43m NOK → 398.0k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRBROKER AS.

Scorecard

Revenue
23.9k NOK n/m
—
Operating result
-49.1k NOK -39.9k NOK
+18.8%
Net result
-36.2k NOK -31.7k NOK
+12.3%
Equity
9.43m NOK 398.0k NOK
-95.8%
Cash
585.6k NOK 759.4k NOK
+29.7%
Total assets
1.91m NOK 759.4k NOK
-60.2%

What improved

  • ↑

    Operating result improved

    Operating result -49.1k NOK → -39.9k NOK. Calculated

  • ↑

    Net result improved

    Net result -36.2k NOK → -31.7k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 585.6k NOK → 759.4k NOK (+29.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.60× → 3.21×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 9.43m NOK → 398.0k NOK (equity ratio 493.7% → 52.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.11m NOK → 1 110 NOK. Reported fact