AIRKAY AS: årsregnskap 2021 vs 2020
Grew 9% on revenue, weaker earnings
approved 2022-06-24; registry 2022-08-27; journal 2022 903756
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRKAY AS. Revenue 7.29m NOK → 7.92m NOK (+8.5%). Net result +110.4k NOK → +49.6k NOK. Equity 2 NOK → 11.32m 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; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRKAY AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 7.29m NOK to 7.92m NOK (+8.5% YoY). Calculated
-
↑
Equity strengthened
Book equity 2 NOK → 11.32m NOK (equity ratio 0.0% → 429.0%). Calculated
-
↑
Cash rose
Bank deposits 477.8k NOK → 594.4k NOK (+24.4% YoY). Calculated
What deteriorated
-
↓
Operating result weakened
Operating result +181.2k NOK → +126.3k NOK (op. margin 2.5% → 1.6%). Calculated
-
↓
Net result weakened
Net result +110.4k NOK → +49.6k NOK (net margin 1.5% → 0.6%). Calculated
Things to notice
-
·
Payroll increased
Salary cost 2.00m NOK → 2.08m NOK (27% → 26% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 3.31m NOK → 3.95m NOK (+19.6% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 2.9 → 0. Reported fact