Org.nr 816 177 812 2023 → 2024 Year-over-year analysis

AEROSPORT ENGINEERING AS: årsregnskap 2024 vs 2023

Grew 242% on revenue, weaker earnings, cash halved-plus

approved 2025-04-26; registry 2025-04-29; journal 2025 396218

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AEROSPORT ENGINEERING AS. Revenue 46.8k NOK → 160.2k NOK (+242.3%). Net result -88.9k NOK → -160.6k NOK. Equity -192.2k NOK → -352.8k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AEROSPORT ENGINEERING AS.

Scorecard

Revenue
46.8k NOK 160.2k NOK
+242.3%
Operating result
-79.0k NOK -160.6k NOK
-103.3%
Net result
-88.9k NOK -160.6k NOK
-80.6%
Equity
-192.2k NOK -352.8k NOK
-83.6%
Cash
2 760 NOK 0 NOK
-100.0%
Total assets
4.99m NOK 6.43m NOK
+29.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 46.8k NOK to 160.2k NOK (+242.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -79.0k NOK → -160.6k NOK (op. margin -168.7% → -100.2%). Calculated

  • ↓

    Net result weakened

    Net result -88.9k NOK → -160.6k NOK (net margin -190.0% → -100.3%). Calculated

  • ↓

    Equity eroded

    Book equity -192.2k NOK → -352.8k NOK (equity ratio -3.9% → -5.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 760 NOK → 0 NOK (-100.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 16.7k NOK → 100.7k NOK (+502.1% YoY). Calculated