Org.nr 916 110 049 2019 → 2020 Year-over-year analysis

AIRPORT INNOVATION AS: årsregnskap 2020 vs 2019

Grew 794% on revenue, cash halved-plus

approved 2021-02-24; registry 2021-03-18; journal 2021 154925

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIRPORT INNOVATION AS. Revenue 172.3k NOK → 1.54m NOK (+793.5%). Equity 54.8k NOK → 6.11m NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRPORT INNOVATION AS.

Scorecard

Revenue
172.3k NOK 1.54m NOK
+793.5%
Operating result
n/m +72.2k NOK
—
Net result
n/m +56.0k NOK
—
Equity
54.8k NOK 6.11m NOK
+11056.6%
Cash
174.9k NOK 69.2k NOK
-60.4%
Total assets
423.3k NOK 219.3k NOK
-48.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 172.3k NOK to 1.54m NOK (+793.5% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 54.8k NOK → 6.11m NOK (equity ratio 12.9% → 2787.0%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 174.9k NOK → 69.2k NOK (-60.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 16.2k NOK → 1.30m NOK (+7964.0% YoY). Calculated