Org.nr 927 020 556 2020 → 2021 Year-over-year analysis

AIRSWIFT GLOBAL AS: årsregnskap 2021 vs 2020

Weaker earnings, fresh owner capital

approved 2022-06-24; registry 2022-09-01; journal 2022 908383

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRSWIFT GLOBAL AS. Revenue 0 NOK → -4 133 NOK. Net result -11.00m NOK → -14.99m NOK. Equity 0 NOK → 180.65m NOK.

On the constructive side: equity strengthened; cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIRSWIFT GLOBAL AS.

Scorecard

Revenue
0 NOK -4 133 NOK
—
Operating result
0 NOK -4 133 NOK
—
Net result
-11.00m NOK -14.99m NOK
-36.3%
Equity
0 NOK 180.65m NOK
—
Cash
16.76m NOK 28.90m NOK
+72.4%
Total assets
0 NOK 344.59m NOK
—

What improved

  • ↑

    Equity strengthened

    Book equity 0 NOK → 180.65m NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 16.76m NOK → 28.90m NOK (+72.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 0 NOK → 181.10m NOK (+181.10m NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 0 NOK to -4 133 NOK. Calculated

  • ↓

    Operating result weakened

    Operating result 0 NOK → -4 133 NOK. Calculated

  • ↓

    Net result weakened

    Net result -11.00m NOK → -14.99m NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 41.70m NOK → 49.86m NOK. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 699.75m NOK → 777.5k NOK (-99.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 335.29m NOK. Reported fact