Org.nr 977 499 054 2020 → 2021 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2021 vs 2020

Shrank 40% on revenue, weaker earnings

approved 2022-06-23; registry 2022-07-23; journal 2022 687972

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRBUS DEFENCE AND SPACE AS. Revenue 380.04m NOK → 226.45m NOK (-40.4%). Net result +25.79m NOK → +6.74m NOK. Equity 154.39m NOK → 23.14bn NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRBUS DEFENCE AND SPACE AS.

Scorecard

Revenue
380.04m NOK 226.45m NOK
-40.4%
Operating result
+31.83m NOK +13.34m NOK
-58.1%
Net result
+25.79m NOK +6.74m NOK
-73.9%
Equity
154.39m NOK 23.14bn NOK
+14888.7%
Cash
149.8k NOK 327.7k NOK
+118.7%
Total assets
240.76m NOK 220.84m NOK
-8.3%

What improved

  • ↑

    Equity strengthened

    Book equity 154.39m NOK → 23.14bn NOK (equity ratio 64.1% → 10478.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 149.8k NOK → 327.7k NOK (+118.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 380.04m NOK to 226.45m NOK (-40.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +31.83m NOK → +13.34m NOK (op. margin 8.4% → 5.9%). Calculated

  • ↓

    Net result weakened

    Net result +25.79m NOK → +6.74m NOK (net margin 6.8% → 3.0%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 64.6k NOK → 211.6k NOK. Reported fact