AIRCRAFT SOLUTIONS AS: årsregnskap 2021 vs 2020
Shrank 62% on revenue
approved 2022-06-21; registry 2022-07-30; journal 2022 751372
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRCRAFT SOLUTIONS AS. Revenue 2.88m NOK → 1.09m NOK (-62.1%). Net result -436.2k NOK → -467.4k NOK. Equity 313.6k NOK → -153.8k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRCRAFT SOLUTIONS AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.88m NOK to 1.09m NOK (-62.1% YoY). Calculated
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Operating result weakened
Operating result -403.7k NOK → -467.1k NOK (op. margin -14.0% → -42.8%). Calculated
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Net result weakened
Net result -436.2k NOK → -467.4k NOK (net margin -15.2% → -42.8%). Calculated
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↓
Equity eroded
Book equity 313.6k NOK → -153.8k NOK (equity ratio 13.2% → -7.8%). Calculated
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Cash fell
Bank deposits 533.3k NOK → 396.3k NOK (-25.7% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -7.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 516.8k NOK → 177.9k NOK (-65.6% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 2. Reported fact