Org.nr 922 810 753 2020 → 2021 Year-over-year analysis

AIRMONT AS: årsregnskap 2021 vs 2020

Shrank 99% on revenue, weaker earnings, cash halved-plus

approved 2022-06-14; registry 2022-06-20; journal 2022 461627

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRMONT AS. Revenue 100.0k NOK → 600 NOK (-99.4%). Net result -826.7k NOK → -2.56m NOK. Equity 2.41m NOK → -151.1k NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRMONT AS.

Scorecard

Revenue
100.0k NOK 600 NOK
-99.4%
Operating result
-1.03m NOK -2.61m NOK
-152.8%
Net result
-826.7k NOK -2.56m NOK
-209.2%
Equity
2.41m NOK -151.1k NOK
-106.3%
Cash
941.5k NOK 368.0k NOK
-60.9%
Total assets
6.78m NOK 18.68m NOK
+175.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 100.0k NOK to 600 NOK (-99.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -1.03m NOK → -2.61m NOK (op. margin -1032.9% → -435202.7%). Calculated

  • ↓

    Net result weakened

    Net result -826.7k NOK → -2.56m NOK (net margin -826.7% → -426023.3%). Calculated

  • ↓

    Equity eroded

    Book equity 2.41m NOK → -151.1k NOK (equity ratio 35.5% → -0.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 941.5k NOK → 368.0k NOK (-60.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -0.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 131.8k NOK → 201.0k NOK. Reported fact