Org.nr 922 945 098 2020 → 2021 Year-over-year analysis

AIRON AS: årsregnskap 2021 vs 2020

Shrank 27% on revenue, weaker earnings

approved 2022-09-02; registry 2022-09-10; journal 2022 920738

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRON AS. Revenue 8.66m NOK → 6.33m NOK (-26.9%). Net result +340.3k NOK → +51.4k NOK. Equity 12.76m NOK → 810.1k NOK.

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

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRON AS.

Scorecard

Revenue
8.66m NOK 6.33m NOK
-26.9%
Operating result
+490.9k NOK +127.0k NOK
-74.1%
Net result
+340.3k NOK +51.4k NOK
-84.9%
Equity
12.76m NOK 810.1k NOK
-93.7%
Cash
762.3k NOK 654.8k NOK
-14.1%
Total assets
2.63m NOK 2.56m NOK
-2.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.66m NOK to 6.33m NOK (-26.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +490.9k NOK → +127.0k NOK (op. margin 5.7% → 2.0%). Calculated

  • ↓

    Net result weakened

    Net result +340.3k NOK → +51.4k NOK (net margin 3.9% → 0.8%). Calculated

  • ↓

    Equity eroded

    Book equity 12.76m NOK → 810.1k NOK (equity ratio 485.8% → 31.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 762.3k NOK → 654.8k NOK (-14.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.05m NOK → 2.18m NOK (-46.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 2 → 4. Reported fact