AIRVENUE.IO AS: årsregnskap 2021 vs 2020
Shrank 57% on revenue, slipped into loss
approved 2022-07-31; registry 2022-08-02; journal 2022 863618
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIRVENUE.IO AS. Revenue 76.2k NOK → 32.8k NOK (-56.9%). Net result +805 NOK → -9 268 NOK. Equity -23.3k NOK → -32.6k NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRVENUE.IO AS.
At a glance
Scorecard
What improved
-
↑
Current ratio back above 1×
Current ratio -11.49× → 72.81×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 76.2k NOK to 32.8k NOK (-56.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +805 NOK → -9 268 NOK (op. margin 1.1% → -28.2%). Calculated
-
↓
Fell into a net loss
Net result flipped from 805 NOK profit to a loss of 9 268 NOK. Calculated
-
↓
Equity eroded
Book equity -23.3k NOK → -32.6k NOK (equity ratio 108.7% → 98.6%). Calculated
-
↓
Cash fell
Bank deposits -223.0k NOK → -235.6k NOK (-5.7% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 19.2k NOK → 0 NOK (-100.0% YoY). Calculated