FirmaIQ
Org.nr 999 593 747 2020 → 2021 Year-over-year analysis

AIRFLOW BOLIGVENTILASJON AS: årsregnskap 2021 vs 2020

Shrank 37% on revenue, slipped into loss, cash halved-plus

approved 2022-08-19; registry 2022-09-06; journal 2022 917521

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIRFLOW BOLIGVENTILASJON AS. Revenue 5.59m NOK → 3.51m NOK (-37.2%). Net result +126.7k NOK → -326.0k NOK. Equity 1.97m NOK → 1.65m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRFLOW BOLIGVENTILASJON AS.

At a glance

Scorecard

Revenue
5.59m NOK 3.51m NOK
-37.2%
Operating result
+271.6k NOK -223.4k NOK
-182.2%
Net result
+126.7k NOK -326.0k NOK
-357.3%
Equity
1.97m NOK 1.65m NOK
-16.5%
Cash
657.0k NOK 264.1k NOK
-59.8%
Total assets
2.34m NOK 1.87m NOK
-20.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 4.92m NOK → 859.3k NOK (88% → 24% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.59m NOK to 3.51m NOK (-37.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +271.6k NOK → -223.4k NOK (op. margin 4.9% → -6.4%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 126.7k NOK profit to a loss of 326.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.97m NOK → 1.65m NOK (equity ratio 84.1% → 88.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 657.0k NOK → 264.1k NOK (-59.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.52m NOK → 2.09m NOK (-40.5% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 1. Reported fact