Org.nr 991 404 155 2020 → 2021 Year-over-year analysis

AIRTRANS AS: årsregnskap 2021 vs 2020

Shrank 80% on revenue

approved 2022-05-11; registry 2022-05-18; journal 2022 304596

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRTRANS AS. Revenue 20.0k NOK → 4 000 NOK (-80.0%). Net result -9 103 NOK → -5 151 NOK. Equity -581.6k NOK → -586.8k NOK.

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

Mixed year — gains and pressures both show up.

Scorecard

Revenue
20.0k NOK 4 000 NOK
-80.0%
Operating result
-9 105 NOK -5 151 NOK
+43.4%
Net result
-9 103 NOK -5 151 NOK
+43.4%
Equity
-581.6k NOK -586.8k NOK
-0.9%
Cash
5 263 NOK 6 342 NOK
+20.5%
Total assets
60.1k NOK 61.0k NOK
+1.5%

What improved

  • ↑

    Operating result improved

    Operating result -9 105 NOK → -5 151 NOK (op. margin -45.5% → -128.8%). Calculated

  • ↑

    Net result improved

    Net result -9 103 NOK → -5 151 NOK (net margin -45.5% → -128.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 5 263 NOK → 6 342 NOK (+20.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.0k NOK to 4 000 NOK (-80.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -581.6k NOK → -586.8k NOK (equity ratio -967.8% → -962.3%). Calculated