FirmaIQ
Org.nr 986 386 092 2021 → 2022 Year-over-year analysis

AIRCONTACT GROUP AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, stronger earnings

approved 2023-06-05; registry 2023-07-05; journal 2023 539292

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AIRCONTACT GROUP AS. Revenue 8.75m NOK → 8.02m NOK (-8.3%). Net result +33.39m NOK → +70.16m NOK. Equity 13.33m NOK → 13.34bn NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
8.75m NOK 8.02m NOK
-8.3%
Operating result
-16.75m NOK -21.90m NOK
-30.7%
Net result
+33.39m NOK +70.16m NOK
+110.1%
Equity
13.33m NOK 13.34bn NOK
+99973.5%
Cash
122.16m NOK 138.37m NOK
+13.3%
Total assets
484.3k NOK 522.09m NOK
+107698.5%

What improved

  • ↑

    Net result improved

    Net result +33.39m NOK → +70.16m NOK (net margin 381.5% → 874.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 13.33m NOK → 13.34bn NOK (equity ratio 2752.2% → 2555.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 122.16m NOK → 138.37m NOK (+13.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.75m NOK to 8.02m NOK (-8.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -16.75m NOK → -21.90m NOK (op. margin -191.3% → -272.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 4.20m NOK → 4.28m NOK (48% → 53% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 32.97m NOK → 28.54m NOK (-13.4% YoY). Calculated