ACCESS AIR CHARTER AS: årsregnskap 2023 vs 2022
Grew 208% on revenue, weaker earnings, cash halved-plus
approved 2024-06-30; registry 2024-09-19; journal 2024 748317
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for ACCESS AIR CHARTER AS. Revenue 2.22m NOK → 6.85m NOK (+208.3%). Net result -134.7k NOK → -525.0k NOK. Equity 13.9k NOK → -511.0k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; 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 2.22m NOK to 6.85m NOK (+208.3% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -84.3k NOK → -330.4k NOK (op. margin -3.8% → -4.8%). Calculated
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↓
Net result weakened
Net result -134.7k NOK → -525.0k NOK (net margin -6.1% → -7.7%). Calculated
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↓
Equity eroded
Book equity 13.9k NOK → -511.0k NOK (equity ratio 0.9% → -28.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -28.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 1 911 NOK → 1.88m NOK (0% → 27% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1.45m NOK → 5.62m NOK (+287.8% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 0 → 1. Reported fact