Org.nr 918 683 127 2020 → 2021 Year-over-year analysis

AIRSIDE INNOVATION AS: årsregnskap 2021 vs 2020

Shrank 75% on revenue, slipped into loss, cash halved-plus

approved 2022-03-21; registry 2022-03-23; journal 2022 160433

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRSIDE INNOVATION AS. Revenue 400.0k NOK → 100.0k NOK (-75.0%). Net result +139.7k NOK → -75.2k NOK. Equity 119.2k NOK → 44.0k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

Scorecard

Revenue
400.0k NOK 100.0k NOK
-75.0%
Operating result
+140.0k NOK -75.2k NOK
-153.7%
Net result
+139.7k NOK -75.2k NOK
-153.8%
Equity
119.2k NOK 44.0k NOK
-63.1%
Cash
149.4k NOK 39.8k NOK
-73.4%
Total assets
186.0k NOK 64.6k NOK
-65.3%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 400.0k NOK to 100.0k NOK (-75.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +140.0k NOK → -75.2k NOK (op. margin 35.0% → -75.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 139.7k NOK profit to a loss of 75.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 119.2k NOK → 44.0k NOK (equity ratio 64.1% → 68.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 149.4k NOK → 39.8k NOK (-73.4% YoY). Calculated