FirmaIQ
Org.nr 917 379 610 2020 → 2021 Year-over-year analysis

AIRSUSPENSION AS: årsregnskap 2021 vs 2020

Grew 75% on revenue, stronger earnings, cash halved-plus

approved 2022-08-15; registry 2022-09-06; journal 2022 917015

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIRSUSPENSION AS. Revenue 6.20m NOK → 10.87m NOK (+75.3%). Net result +220.0k NOK → +580.7k NOK. Equity 871.6k NOK → 1.45m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AIRSUSPENSION AS.

At a glance

Scorecard

Revenue
6.20m NOK 10.87m NOK
+75.3%
Operating result
+295.6k NOK +735.1k NOK
+148.7%
Net result
+220.0k NOK +580.7k NOK
+163.9%
Equity
871.6k NOK 1.45m NOK
+66.6%
Cash
554.7k NOK 106.6k NOK
-80.8%
Total assets
2.70m NOK 4.17m NOK
+54.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.20m NOK to 10.87m NOK (+75.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +295.6k NOK → +735.1k NOK (op. margin 4.8% → 6.8%). Calculated

  • ↑

    Net result improved

    Net result +220.0k NOK → +580.7k NOK (net margin 3.5% → 5.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 871.6k NOK → 1.45m NOK (equity ratio 32.3% → 34.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 554.7k NOK → 106.6k NOK (-80.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.05m NOK → 2.93m NOK (17% → 27% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 3.59m NOK → 5.39m NOK (+50.1% YoY). Calculated