FirmaIQ
Org.nr 918 456 449 2020 → 2021 Year-over-year analysis

AIRLOG GROUP AS: årsregnskap 2021 vs 2020

Grew 116% on revenue, stronger earnings

approved 2022-04-06; registry 2022-07-21; journal 2022 750060

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIRLOG GROUP AS. Revenue 4.66m NOK → 10.08m NOK (+116.1%). Net result +23.7k NOK → +350.1k NOK. Equity 107.3k NOK → 457.4k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRLOG GROUP AS.

At a glance

Scorecard

Revenue
4.66m NOK 10.08m NOK
+116.1%
Operating result
+5 936 NOK +557.1k NOK
+9285.3%
Net result
+23.7k NOK +350.1k NOK
+1376.0%
Equity
107.3k NOK 457.4k NOK
+326.2%
Cash
192.4k NOK 137.5k NOK
-28.6%
Total assets
2.66m NOK 6.20m NOK
+132.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.66m NOK to 10.08m NOK (+116.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 936 NOK → +557.1k NOK (op. margin 0.1% → 5.5%). Calculated

  • ↑

    Net result improved

    Net result +23.7k NOK → +350.1k NOK (net margin 0.5% → 3.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 107.3k NOK → 457.4k NOK (equity ratio 4.0% → 7.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 192.4k NOK → 137.5k NOK (-28.6% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 3.64m NOK → 7.91m NOK (+117.2% YoY). Calculated