AIRPORT INNOVATION AS: årsregnskap 2022 vs 2021
Shrank 42% on revenue, stronger earnings
approved 2023-03-22; registry 2023-03-27; journal 2023 336138
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRPORT INNOVATION AS. Revenue 5.57m NOK → 3.24m NOK (-41.9%). Net result +133.3k NOK → +279.4k NOK. Equity 244.1k NOK → 523.4k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRPORT INNOVATION AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +172.9k NOK → +357.7k NOK (op. margin 3.1% → 11.0%). Calculated
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Net result improved
Net result +133.3k NOK → +279.4k NOK (net margin 2.4% → 8.6%). Calculated
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Equity strengthened
Book equity 244.1k NOK → 523.4k NOK (equity ratio 100.2% → 53.5%). Calculated
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Current ratio back above 1×
Current ratio 0.24× → 2.15×. Calculated
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Payroll decreased
Salary cost 2.55m NOK → 2 NOK (46% → 0% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 5.57m NOK to 3.24m NOK (-41.9% YoY). Calculated
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Cash fell
Bank deposits 851.2k NOK → 621.7k NOK (-27.0% YoY). Calculated
Things to notice
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COGS fell
COGS / varekostnad 4.47m NOK → 2.70m NOK (-39.7% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 1 → 0.1. Reported fact