FirmaIQ
Org.nr 914 071 968 2020 → 2021 Year-over-year analysis

AIRWATCH AS: årsregnskap 2021 vs 2020

Grew 30% on revenue, slipped into loss

approved 2022-03-31; registry 2022-04-05; journal 2022 187152

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2021 with 2020 for AIRWATCH AS. Revenue 633.0k NOK → 821.7k NOK (+29.8%). Net result +10.12m NOK → -6 463 NOK. Equity 10.20m NOK → 193.3k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRWATCH AS.

At a glance

Scorecard

Revenue
633.0k NOK 821.7k NOK
+29.8%
Operating result
+124.2k NOK -6 463 NOK
-105.2%
Net result
+10.12m NOK -6 463 NOK
-100.1%
Equity
10.20m NOK 193.3k NOK
-98.1%
Cash
314.0k NOK 228.1k NOK
-27.4%
Total assets
349.6k NOK 381.2k NOK
+9.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 633.0k NOK to 821.7k NOK (+29.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +124.2k NOK → -6 463 NOK (op. margin 19.6% → -0.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 10.12m NOK profit to a loss of 6 463 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 10.20m NOK → 193.3k NOK (equity ratio 2917.4% → 50.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 314.0k NOK → 228.1k NOK (-27.4% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 221.8k NOK → 2.75m NOK (35% → 335% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.5 → 1. Reported fact