Org.nr 976 208 277 2020 → 2021 Year-over-year analysis

AIRCRAFT ENGINEERING AS: årsregnskap 2021 vs 2020

Grew 29% on revenue

approved 2022-06-15; registry 2022-06-27; journal 2022 526496

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRCRAFT ENGINEERING AS. Revenue 34.0k NOK → 43.7k NOK (+28.7%). Net result +26.5k NOK → +28.0k NOK. Equity 10.52m NOK → 548.0k NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.

Scorecard

Revenue
34.0k NOK 43.7k NOK
+28.7%
Operating result
+33.8k NOK +29.0k NOK
-14.3%
Net result
+26.5k NOK +28.0k NOK
+5.6%
Equity
10.52m NOK 548.0k NOK
-94.8%
Cash
1 529 NOK 1 529 NOK
0.0%
Total assets
589.7k NOK 597.3k NOK
+1.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 34.0k NOK to 43.7k NOK (+28.7% YoY). Calculated

  • ↑

    Net result improved

    Net result +26.5k NOK → +28.0k NOK (net margin 78.1% → 64.0%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +33.8k NOK → +29.0k NOK (op. margin 99.5% → 66.3%). Calculated

  • ↓

    Equity eroded

    Book equity 10.52m NOK → 548.0k NOK (equity ratio 1783.9% → 91.7%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad -41.6k NOK → -11.4k NOK (+72.7% YoY). Calculated