AIRCRAFT ENGINEERING AS: årsregnskap 2022 vs 2021
Grew 9% on revenue, slipped into loss
approved 2023-06-19; registry 2023-07-05; journal 2023 576935
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRCRAFT ENGINEERING AS. Revenue 43.7k NOK → 47.8k NOK (+9.4%). Net result +28.0k NOK → -290.4k NOK. Equity 548.0k NOK → 257.5k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 43.7k NOK to 47.8k NOK (+9.4% YoY). Calculated
-
↑
Cash rose
Bank deposits 1 529 NOK → 169.7k NOK (+10998.6% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +29.0k NOK → -286.1k NOK (op. margin 66.3% → -598.1%). Calculated
-
↓
Fell into a net loss
Net result flipped from 28.0k NOK profit to a loss of 290.4k NOK. Calculated
-
↓
Equity eroded
Book equity 548.0k NOK → 257.5k NOK (equity ratio 91.7% → 95.9%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 26.1k NOK → 34.3k NOK (60% → 72% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad -11.4k NOK → 299.6k NOK (+2735.4% YoY). Calculated