AIRMINE AS: årsregnskap 2020 vs 2019
Grew 715% on revenue, stronger earnings, fresh owner capital
approved 2021-06-08; registry 2021-11-01; journal 2021 893305
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRMINE AS. Revenue 481.5k NOK → 3.92m NOK (+715.2%). Net result -804.0k NOK → -14.7k NOK. Equity -705.6k NOK → 1.42m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRMINE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 481.5k NOK to 3.92m NOK (+715.2% YoY). Calculated
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Operating result improved
Operating result -774.4k NOK → +76.9k NOK (op. margin -160.8% → 2.0%). Calculated
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Net result improved
Net result -804.0k NOK → -14.7k NOK (net margin -167.0% → -0.4%). Calculated
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Equity strengthened
Book equity -705.6k NOK → 1.42m NOK (equity ratio -107.7% → 167.1%). Calculated
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Cash rose
Bank deposits 638.9k NOK → 802.5k NOK (+25.6% YoY). Calculated
Things to notice
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COGS moved
COGS / varekostnad 31.4k NOK → 43.2k NOK (+37.7% YoY). Calculated