AIRDESIGN AS: årsregnskap 2020 vs 2019
Shrank 100% on revenue, weaker earnings
approved 2021-03-16; registry 2021-04-26; journal 2021 230036
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRDESIGN AS. Revenue 664.0k NOK → 689 NOK (-99.9%). Net result +19.1k NOK → +514 NOK. Equity 565.6k NOK → 566.1k NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
664.0k NOK
689 NOK
-99.9%
Operating result
+26.6k NOK
+634 NOK
-97.6%
Net result
+19.1k NOK
+514 NOK
-97.3%
Equity
565.6k NOK
566.1k NOK
+0.1%
Cash
79.8k NOK
49.6k NOK
-37.9%
Total assets
792.6k NOK
786.9k NOK
-0.7%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 664.0k NOK to 689 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +26.6k NOK → +634 NOK (op. margin 4.0% → 92.0%). Calculated
-
↓
Net result weakened
Net result +19.1k NOK → +514 NOK (net margin 2.9% → 74.6%). Calculated
-
↓
Cash fell
Bank deposits 79.8k NOK → 49.6k NOK (-37.9% YoY). Calculated