AIS RESCUE AS: årsregnskap 2021 vs 2020
Grew 1038% on revenue, stronger earnings, cash halved-plus
approved 2022-06-30; registry 2022-07-12; journal 2022 694170
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AIS RESCUE AS. Revenue 61.9k NOK → 703.9k NOK (+1037.8%). Net result -176.1k NOK → -139.8k NOK. Equity -146.1k NOK → -285.9k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AIS RESCUE AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 61.9k NOK to 703.9k NOK (+1037.8% YoY). Calculated
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Operating result improved
Operating result -224.5k NOK → -130.9k NOK (op. margin -362.9% → -18.6%). Calculated
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Net result improved
Net result -176.1k NOK → -139.8k NOK (net margin -284.6% → -19.9%). Calculated
What deteriorated
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↓
Equity eroded
Book equity -146.1k NOK → -285.9k NOK (equity ratio -39.9% → -123.8%). Calculated
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↓
Cash fell
Bank deposits 269.4k NOK → 85.9k NOK (-68.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.21× → 0.70× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -123.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 2 286 NOK → 442.7k NOK (4% → 63% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2 286 NOK → 86.9k NOK (+3699.9% YoY). Calculated