AEROTEC MANAGEMENT AS: årsregnskap 2023 vs 2022
Grew 218% on revenue, weaker earnings, cash halved-plus
approved 2024-05-18; registry 2024-05-27; journal 2024 443770
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AEROTEC MANAGEMENT AS. Revenue 483.0k NOK → 1.54m NOK (+218.1%). Net result +210.6k NOK → +125.4k NOK. Equity 311.5k NOK → 236.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for AEROTEC MANAGEMENT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 483.0k NOK to 1.54m NOK (+218.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +268.9k NOK → +152.6k NOK (op. margin 55.7% → 9.9%). Calculated
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↓
Net result weakened
Net result +210.6k NOK → +125.4k NOK (net margin 43.6% → 8.2%). Calculated
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↓
Equity eroded
Book equity 311.5k NOK → 236.9k NOK (equity ratio 32.5% → 177.5%). Calculated
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↓
Cash fell
Bank deposits 957.7k NOK → 35.8k NOK (-96.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.48× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 985.2k NOK → 1.17m NOK (204% → 76% of revenue). Calculated