Org.nr 992 802 510 2020 → 2021 Year-over-year analysis

AIRTRANS HOLDING AS: årsregnskap 2021 vs 2020

Another loss-making year

approved 2022-05-11; registry 2022-05-18; journal 2022 304606

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIRTRANS HOLDING AS. Net result -7 138 NOK → -5 638 NOK. Equity -212.6k NOK → -218.3k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRTRANS HOLDING AS.

Scorecard

Operating result
-7 138 NOK -5 638 NOK
+21.0%
Net result
-7 138 NOK -5 638 NOK
+21.0%
Equity
-212.6k NOK -218.3k NOK
-2.7%
Cash
1 534 NOK 1 534 NOK
0.0%
Total assets
104.7k NOK 104.7k NOK
0.0%

What improved

  • ↑

    Operating result improved

    Operating result -7 138 NOK → -5 638 NOK. Calculated

  • ↑

    Net result improved

    Net result -7 138 NOK → -5 638 NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -212.6k NOK → -218.3k NOK (equity ratio -203.2% → -208.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -208.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation