AIRCOIL AS: årsregnskap 2022 vs 2021
Shrank 44% on revenue, weaker earnings, cash halved-plus
approved 2023-03-14; registry 2023-03-21; journal 2023 330583
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRCOIL AS. Revenue 38.74m NOK → 21.73m NOK (-43.9%). Net result +5.45m NOK → +109.1k NOK. Equity 4.15m NOK → 4.23m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRCOIL AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 4.15m NOK → 4.23m NOK (equity ratio 29.4% → 68.0%). Calculated
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↑
Payroll decreased
Salary cost 4.91m NOK → 3.25m NOK (13% → 15% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 38.74m NOK to 21.73m NOK (-43.9% YoY). Calculated
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↓
Operating result weakened
Operating result +7.07m NOK → +235.5k NOK (op. margin 18.3% → 1.1%). Calculated
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↓
Net result weakened
Net result +5.45m NOK → +109.1k NOK (net margin 14.1% → 0.5%). Calculated
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↓
Cash fell
Bank deposits 10.05m NOK → 3.76m NOK (-62.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (10.05m NOK → 3.76m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 25.05m NOK → 15.40m NOK (-38.6% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 5 → 4. Reported fact