AIRMASTER NORGE AS: årsregnskap 2022 vs 2021
Weaker earnings, cash halved-plus, fresh owner capital
approved 2023-07-26; registry 2023-09-16; journal 2023 727371
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRMASTER NORGE AS. Revenue 22.24m NOK → 22.36m NOK (+0.6%). Net result +3.19m NOK → +1.48m NOK. Equity 2.73m NOK → 3.03m NOK.
On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: sharp cash drawdown; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRMASTER NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.24m NOK to 22.36m NOK (+0.6% YoY). Calculated
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↑
Equity strengthened
Book equity 2.73m NOK → 3.03m NOK (equity ratio 34.9% → 36.3%). Calculated
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↑
Owners injected capital
Paid-in equity rose 2.52m NOK → 3.03m NOK (+505.8k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result +4.03m NOK → +1.87m NOK (op. margin 18.1% → 8.4%). Calculated
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↓
Net result weakened
Net result +3.19m NOK → +1.48m NOK (net margin 14.4% → 6.6%). Calculated
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↓
Cash fell
Bank deposits 3.85m NOK → 285.2k NOK (-92.6% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (3.85m NOK → 285.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Payroll increased
Salary cost 1.92m NOK → 2.84m NOK (9% → 13% of revenue). Calculated
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COGS moved
COGS / varekostnad 14.99m NOK → 15.05m NOK (+0.4% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 2 → 3. Reported fact