Org.nr 918 064 427 2019 → 2020 Year-over-year analysis

AIRVENUE.IO AS: årsregnskap 2020 vs 2019

Grew 5% on revenue, returned to profit

approved 2021-07-30; registry 2021-08-23; journal 2021 671092

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AIRVENUE.IO AS. Revenue 72.5k NOK → 76.2k NOK (+5.1%). Net result -19.3k NOK → +805 NOK. Equity -24.1k NOK → -23.3k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRVENUE.IO AS.

Scorecard

Revenue
72.5k NOK 76.2k NOK
+5.1%
Operating result
-19.3k NOK +805 NOK
+104.2%
Net result
-19.3k NOK +805 NOK
+104.2%
Equity
-24.1k NOK -23.3k NOK
+3.3%
Cash
-228.5k NOK -223.0k NOK
+2.4%
Total assets
-22.1k NOK -21.4k NOK
+3.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 72.5k NOK to 76.2k NOK (+5.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -19.3k NOK → +805 NOK (op. margin -26.6% → 1.1%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 19.3k NOK to a profit of 805 NOK. Calculated

  • ↑

    Cash rose

    Bank deposits -228.5k NOK → -223.0k NOK (+2.4% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 19.2k NOK (None YoY). Calculated