Org.nr 913 440 781 2022 → 2023 Year-over-year analysis

AERIAL GEO SURVEY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings

approved 2024-07-31; registry 2024-09-14; journal 2024 746427

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AERIAL GEO SURVEY AS. Revenue 691.6k NOK → 1 121 NOK (-99.8%). Net result +51.1k NOK → +29.8k NOK. Equity 163.7k NOK → 193.5k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
691.6k NOK 1 121 NOK
-99.8%
Operating result
+65.0k NOK +42.9k NOK
-34.0%
Net result
+51.1k NOK +29.8k NOK
-41.7%
Equity
163.7k NOK 193.5k NOK
+18.2%
Cash
10.3k NOK 68.9k NOK
+571.7%
Total assets
30.3k NOK 214.5k NOK
+607.9%

What improved

  • ↑

    Equity strengthened

    Book equity 163.7k NOK → 193.5k NOK (equity ratio 540.1% → 90.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 10.3k NOK → 68.9k NOK (+571.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -0.22× → 10.15×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 691.6k NOK to 1 121 NOK (-99.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +65.0k NOK → +42.9k NOK (op. margin 9.4% → 3828.6%). Calculated

  • ↓

    Net result weakened

    Net result +51.1k NOK → +29.8k NOK (net margin 7.4% → 2658.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3 490 NOK → 385.7k NOK (1% → 34405% of revenue). Calculated