Org.nr 924 403 969 2020 → 2021 Year-over-year analysis

AIT AS: årsregnskap 2021 vs 2020

Slipped into loss, cash halved-plus

registry 2022-05-18; journal 2022 305530

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIT AS. Revenue 60.0k NOK → 60.0k NOK (0.0%). Net result +22 NOK → -11.5k NOK. Equity 9.20m NOK → 204.1k NOK.

On the constructive side: owners injected capital. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIT AS.

Scorecard

Revenue
60.0k NOK 60.0k NOK
0.0%
Operating result
-20 NOK -14.8k NOK
-73715.0%
Net result
+22 NOK -11.5k NOK
-52427.3%
Equity
9.20m NOK 204.1k NOK
-97.8%
Cash
126.5k NOK 5 264 NOK
-95.8%
Total assets
200.0k NOK 220.3k NOK
+10.1%

What improved

  • ↑

    Owners injected capital

    Paid-in equity rose 200.0k NOK → 215.6k NOK (+15.6k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -20 NOK → -14.8k NOK (op. margin -0.0% → -24.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 22 NOK profit to a loss of 11.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.20m NOK → 204.1k NOK (equity ratio 4599.5% → 92.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 126.5k NOK → 5 264 NOK (-95.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 54.2k NOK → 13.6k NOK (-75.0% YoY). Calculated