AIRLOG GROUP AS: årsregnskap 2022 vs 2021
Grew 231% on revenue, weaker earnings
approved 2023-02-27; registry 2023-05-09; journal 2023 369610
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRLOG GROUP AS. Revenue 10.08m NOK → 33.35m NOK (+230.9%). Net result +350.1k NOK → +279.4k NOK. Equity 457.4k NOK → 736.8k 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 AIRLOG GROUP AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 10.08m NOK to 33.35m NOK (+230.9% YoY). Calculated
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↑
Equity strengthened
Book equity 457.4k NOK → 736.8k NOK (equity ratio 7.4% → 7.6%). Calculated
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↑
Cash rose
Bank deposits 137.5k NOK → 195.2k NOK (+42.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +557.1k NOK → +121.4k NOK (op. margin 5.5% → 0.4%). Calculated
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↓
Net result weakened
Net result +350.1k NOK → +279.4k NOK (net margin 3.5% → 0.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1 607 NOK → 4.60m NOK (0% → 14% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 7.91m NOK → 25.93m NOK (+227.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 6. Reported fact