Org.nr 990 800 464 2020 → 2021 Year-over-year analysis

AIRLIFT SERVICES AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-06-20; registry 2022-07-11; journal 2022 613216

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRLIFT SERVICES AS. Net result -46.5k NOK → -36.8k NOK. Equity 682.0k NOK → 645.2k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRLIFT SERVICES AS.

Scorecard

Revenue
n/m 61.38m NOK
—
Operating result
-67.0k NOK -55.5k NOK
+17.1%
Net result
-46.5k NOK -36.8k NOK
+20.9%
Equity
682.0k NOK 645.2k NOK
-5.4%
Cash
2.29m NOK 6.98m NOK
+205.5%
Total assets
11.62m NOK 9.16m NOK
-21.2%

What improved

  • ↑

    Operating result improved

    Operating result -67.0k NOK → -55.5k NOK. Calculated

  • ↑

    Net result improved

    Net result -46.5k NOK → -36.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 2.29m NOK → 6.98m NOK (+205.5% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 682.0k NOK → 645.2k NOK (equity ratio 5.9% → 7.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.13× → 1.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 42 → 36. Reported fact