Org.nr 927 658 232 2021 → 2022 Year-over-year analysis

ABSURD AVIATION AS: årsregnskap 2022 vs 2021

Grew 537% on revenue, weaker earnings, cash halved-plus

approved 2023-06-28; registry 2023-07-03; journal 2023 549681

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for ABSURD AVIATION AS. Revenue 38.9k NOK → 247.7k NOK (+536.7%). Net result -66.9k NOK → -205.7k NOK. Equity 149.5k NOK → 223.1k NOK.

On the constructive side: revenue rose; equity strengthened; owners injected capital. Pressures included: operating result weakened; net result weakened; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
38.9k NOK 247.7k NOK
+536.7%
Operating result
-85.7k NOK -263.9k NOK
-207.8%
Net result
-66.9k NOK -205.7k NOK
-207.7%
Equity
149.5k NOK 223.1k NOK
+49.2%
Cash
171.0k NOK 20.6k NOK
-88.0%
Total assets
1.94m NOK 1.78m NOK
-8.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 38.9k NOK to 247.7k NOK (+536.7% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 149.5k NOK → 223.1k NOK (equity ratio 7.7% → 12.5%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 149.5k NOK → 223.1k NOK (+73.6k NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -85.7k NOK → -263.9k NOK (op. margin -220.4% → -106.5%). Calculated

  • ↓

    Net result weakened

    Net result -66.9k NOK → -205.7k NOK (net margin -171.9% → -83.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 171.0k NOK → 20.6k NOK (-88.0% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 296.01× → 0.27× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated