Org.nr 988 130 885 2020 → 2021 Year-over-year analysis

AIVOG AS: årsregnskap 2021 vs 2020

Grew 96% on revenue, stronger earnings

approved 2022-07-31; registry 2022-08-22; journal 2022 904608

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AIVOG AS. Revenue 194.0k NOK → 380.9k NOK (+96.3%). Net result +122.6k NOK → +331.5k NOK. Equity 10.86m NOK → 11.19m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIVOG AS.

Scorecard

Revenue
194.0k NOK 380.9k NOK
+96.3%
Operating result
+13.0k NOK +17.8k NOK
+37.1%
Net result
+122.6k NOK +331.5k NOK
+170.4%
Equity
10.86m NOK 11.19m NOK
+3.1%
Cash
582.9k NOK 993.3k NOK
+70.4%
Total assets
12.83m NOK 13.11m NOK
+2.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 194.0k NOK to 380.9k NOK (+96.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +13.0k NOK → +17.8k NOK (op. margin 6.7% → 4.7%). Calculated

  • ↑

    Net result improved

    Net result +122.6k NOK → +331.5k NOK (net margin 63.2% → 87.0%). Calculated

  • ↑

    Equity strengthened

    Book equity 10.86m NOK → 11.19m NOK (equity ratio 84.6% → 85.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 582.9k NOK → 993.3k NOK (+70.4% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 2.54m NOK → 2.54m NOK. Reported fact