AIRCONTACT GROUP AS: årsregnskap 2021 vs 2020
Grew 5% on revenue, stronger earnings
approved 2022-05-27; registry 2022-07-14; journal 2022 633259
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRCONTACT GROUP AS. Revenue 8.32m NOK → 8.75m NOK (+5.3%). Net result +13 NOK → +33.39m NOK. Equity 13.30m NOK → 13.33m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AIRCONTACT GROUP AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 8.32m NOK to 8.75m NOK (+5.3% YoY). Calculated
-
↑
Net result improved
Net result +13 NOK → +33.39m NOK (net margin 0.0% → 381.5%). Calculated
-
↑
Equity strengthened
Book equity 13.30m NOK → 13.33m NOK (equity ratio 3115.1% → 2752.2%). Calculated
-
↑
Cash rose
Bank deposits 86.44m NOK → 122.16m NOK (+41.3% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -15.24m NOK → -16.75m NOK (op. margin -183.2% → -191.3%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 4.19m NOK → 4.20m NOK (50% → 48% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 29.79m NOK → 32.97m NOK (+10.7% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 2.24m NOK → 1.50m NOK. Reported fact