AIRPRODUKTER AS: årsregnskap 2021 vs 2020
Shrank 46% on revenue, slipped into loss
approved 2021-12-31; registry 2022-07-27; journal 2022 796256
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRPRODUKTER AS. Revenue 5.70m NOK → 3.10m NOK (-45.6%). Net result +370.7k NOK → -1.62m NOK. Equity -911.8k NOK → -2.53m NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRPRODUKTER AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 129.5k NOK → 232.3k NOK (+79.4% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.70m NOK to 3.10m NOK (-45.6% YoY). Calculated
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↓
Operating result weakened
Operating result +89.7k NOK → -1.46m NOK (op. margin 1.6% → -47.1%). Calculated
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↓
Fell into a net loss
Net result flipped from 370.7k NOK profit to a loss of 1.62m NOK. Calculated
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↓
Equity eroded
Book equity -911.8k NOK → -2.53m NOK (equity ratio -22.8% → -119.1%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -119.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 2.95m NOK → 2.41m NOK (-18.2% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 2. Reported fact