Org.nr 977 499 054 2021 → 2022 Year-over-year analysis

AIRBUS DEFENCE AND SPACE AS: årsregnskap 2022 vs 2021

Grew 94% on revenue, stronger earnings, cash halved-plus

approved 2023-06-28; registry 2023-07-27; journal 2023 614067

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRBUS DEFENCE AND SPACE AS. Revenue 226.45m NOK → 440.03m NOK (+94.3%). Net result +6.74m NOK → +33.40m NOK. Equity 23.14bn NOK → 18.17bn NOK.

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

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

Scorecard

Revenue
226.45m NOK 440.03m NOK
+94.3%
Operating result
+13.34m NOK +44.55m NOK
+234.0%
Net result
+6.74m NOK +33.40m NOK
+395.7%
Equity
23.14bn NOK 18.17bn NOK
-21.5%
Cash
327.7k NOK 47.9k NOK
-85.4%
Total assets
220.84m NOK 302.41m NOK
+36.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 226.45m NOK to 440.03m NOK (+94.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +13.34m NOK → +44.55m NOK (op. margin 5.9% → 10.1%). Calculated

  • ↑

    Net result improved

    Net result +6.74m NOK → +33.40m NOK (net margin 3.0% → 7.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 23.14bn NOK → 18.17bn NOK (equity ratio 10478.5% → 6008.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 327.7k NOK → 47.9k NOK (-85.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 211.6k NOK → 163.1k NOK. Reported fact