ACCESS AIR CHARTER AS: årsregnskap 2022 vs 2021
Grew 13% on revenue, slipped into loss, cash halved-plus
approved 2023-08-24; registry 2023-08-28; journal 2023 718271
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for ACCESS AIR CHARTER AS. Revenue 1.96m NOK → 2.22m NOK (+13.2%). Net result +66.3k NOK → -134.7k NOK. Equity 148.7k NOK → 13.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for ACCESS AIR CHARTER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.96m NOK to 2.22m NOK (+13.2% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +116.6k NOK → -84.3k NOK (op. margin 5.9% → -3.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 66.3k NOK profit to a loss of 134.7k NOK. Calculated
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↓
Equity eroded
Book equity 148.7k NOK → 13.9k NOK (equity ratio 62.9% → 0.9%). Calculated
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↓
Cash fell
Bank deposits 30.3k NOK → 458 NOK (-98.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 756.2k NOK → 1.45m NOK (+91.5% YoY). Calculated