FirmaIQ
Org.nr 853 040 592 2020 → 2021 Year-over-year analysis

AIRCOIL AS: årsregnskap 2021 vs 2020

Stronger earnings

approved 2022-03-09; registry 2022-04-26; journal 2022 191920

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIRCOIL AS. Revenue 37.53m NOK → 38.74m NOK (+3.2%). Net result +3.42m NOK → +5.45m NOK. Equity 4.13m NOK → 4.15m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

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

At a glance

Scorecard

Revenue
37.53m NOK 38.74m NOK
+3.2%
Operating result
+4.70m NOK +7.07m NOK
+50.3%
Net result
+3.42m NOK +5.45m NOK
+59.4%
Equity
4.13m NOK 4.15m NOK
+0.3%
Cash
5.29m NOK 10.05m NOK
+89.9%
Total assets
11.62m NOK 14.12m NOK
+21.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 37.53m NOK to 38.74m NOK (+3.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +4.70m NOK → +7.07m NOK (op. margin 12.5% → 18.3%). Calculated

  • ↑

    Net result improved

    Net result +3.42m NOK → +5.45m NOK (net margin 9.1% → 14.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.13m NOK → 4.15m NOK (equity ratio 35.6% → 29.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 5.29m NOK → 10.05m NOK (+89.9% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 26.12m NOK → 25.05m NOK (-4.1% YoY). Calculated