Org.nr 999 613 403 2023 → 2024 Year-over-year analysis

ACCESS AIR CHARTER AS: årsregnskap 2024 vs 2023

Shrank 73% on revenue, stronger earnings

approved 2025-06-30; registry 2025-07-03; journal 2025 627621

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for ACCESS AIR CHARTER AS. Revenue 6.85m NOK → 1.82m NOK (-73.5%). Net result -525.0k NOK → -46.6k NOK. Equity -511.0k NOK → -557.7k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

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

Scorecard

Revenue
6.85m NOK 1.82m NOK
-73.5%
Operating result
-330.4k NOK +64.5k NOK
+119.5%
Net result
-525.0k NOK -46.6k NOK
+91.1%
Equity
-511.0k NOK -557.7k NOK
-9.1%
Cash
42 NOK 29.3k NOK
+69552.4%
Total assets
1.81m NOK 2.46m NOK
+35.8%

What improved

  • ↑

    Operating result improved

    Operating result -330.4k NOK → +64.5k NOK (op. margin -4.8% → 3.5%). Calculated

  • ↑

    Net result improved

    Net result -525.0k NOK → -46.6k NOK (net margin -7.7% → -2.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 42 NOK → 29.3k NOK (+69552.4% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 1.88m NOK → 935.9k NOK (27% → 51% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.85m NOK to 1.82m NOK (-73.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -511.0k NOK → -557.7k NOK (equity ratio -28.3% → -22.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.07× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.62m NOK → 26.7k NOK (-99.5% YoY). Calculated