AIRWATCH AS: årsregnskap 2020 vs 2019
Grew 248% on revenue, stronger earnings
approved 2021-02-26; registry 2021-04-22; journal 2021 216547
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AIRWATCH AS. Revenue 181.9k NOK → 633.0k NOK (+248.1%). Net result +45.0k NOK → +10.12m NOK. Equity 84.6k NOK → 10.20m NOK.
On the constructive side: revenue rose; operating result improved; net result improved.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AIRWATCH AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 181.9k NOK to 633.0k NOK (+248.1% YoY). Calculated
-
↑
Operating result improved
Operating result +45.0k NOK → +124.2k NOK (op. margin 24.7% → 19.6%). Calculated
-
↑
Net result improved
Net result +45.0k NOK → +10.12m NOK (net margin 24.8% → 1598.0%). Calculated
-
↑
Equity strengthened
Book equity 84.6k NOK → 10.20m NOK (equity ratio 49.2% → 2917.4%). Calculated
-
↑
Cash rose
Bank deposits 171.9k NOK → 314.0k NOK (+82.6% YoY). Calculated
Things to notice
-
·
Payroll increased
Salary cost 1 NOK → 221.8k NOK (0% → 35% of revenue). Calculated