AIRFIKS AS: årsregnskap 2021 vs 2020
Grew 90% on revenue, weaker earnings
approved 2022-06-17; registry 2022-06-29; journal 2022 537896
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRFIKS AS. Revenue 343.5k NOK → 652.6k NOK (+90.0%). Net result +208.7k NOK → +160.3k NOK. Equity 233.1k NOK → 393.4k NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRFIKS AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 343.5k NOK to 652.6k NOK (+90.0% YoY). Calculated
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↑
Equity strengthened
Book equity 233.1k NOK → 393.4k NOK (equity ratio 75.9% → 67.5%). Calculated
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↑
Cash rose
Bank deposits 139.3k NOK → 431.7k NOK (+209.9% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +259.3k NOK → +203.7k NOK (op. margin 75.5% → 31.2%). Calculated
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↓
Net result weakened
Net result +208.7k NOK → +160.3k NOK (net margin 60.7% → 24.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 804 NOK → 7 242 NOK (0% → 1% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 63.1k NOK → 69.8k NOK (+10.7% YoY). Calculated