AEROBIKE AS: årsregnskap 2023 vs 2022
Shrank 12% on revenue, stronger earnings, cash halved-plus
approved 2024-06-19; registry 2024-06-22; journal 2024 532315
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AEROBIKE AS. Revenue 60.5k NOK → 52.9k NOK (-12.5%). Net result -716.4k NOK → -348.8k NOK. Equity -992.9k NOK → -1.34m NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AEROBIKE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -716.4k NOK → -348.7k NOK (op. margin -1185.1% → -659.2%). Calculated
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Net result improved
Net result -716.4k NOK → -348.8k NOK (net margin -1185.1% → -659.4%). Calculated
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Payroll decreased
Salary cost 4.49m NOK → 3.25m NOK (7431% → 6135% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 60.5k NOK to 52.9k NOK (-12.5% YoY). Calculated
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Equity eroded
Book equity -992.9k NOK → -1.34m NOK (equity ratio -795.3% → -13272.7%). Calculated
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Cash fell
Bank deposits 79.6k NOK → 9 555 NOK (-88.0% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.70× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is -13272.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 9 455 NOK → 283 NOK (-97.0% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 2 → 1. Reported fact