FirmaIQ
Org.nr 915 557 813 2019 → 2020 Year-over-year analysis

AIRSPINN HOLDING AS: årsregnskap 2020 vs 2019

Weaker earnings, cash halved-plus

approved 2021-08-12; registry 2021-08-23; journal 2021 639609

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AIRSPINN HOLDING AS. Net result +1.85m NOK → +346.4k NOK. Equity 10 NOK → 1.65m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRSPINN HOLDING AS.

At a glance

Scorecard

Operating result
-7 523 NOK -13.6k NOK
-81.3%
Net result
+1.85m NOK +346.4k NOK
-81.3%
Equity
10 NOK 1.65m NOK
+16469740.0%
Cash
564.4k NOK 218.7k NOK
-61.2%
Total assets
103.3k NOK 1.65m NOK
+1499.0%

What improved

  • ↑

    Equity strengthened

    Book equity 10 NOK → 1.65m NOK (equity ratio 0.0% → 99.7%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.52× → 216.18×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 110.3k NOK → 111.4k NOK (+1 134 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -7 523 NOK → -13.6k NOK. Calculated

  • ↓

    Net result weakened

    Net result +1.85m NOK → +346.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 564.4k NOK → 218.7k NOK (-61.2% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 487.6k NOK → 536.2k NOK. Reported fact