Org.nr 852 339 942 2022 → 2023 Year-over-year analysis

AEROTECH AS: årsregnskap 2023 vs 2022

Returned to profit

approved 2024-06-28; registry 2024-07-11; journal 2024 630674

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AEROTECH AS. Revenue 0 NOK → 2.14m NOK. Net result -68.6k NOK → +147.9k NOK. Equity 39.9k NOK → 114.9k NOK.

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

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

Scorecard

Revenue
0 NOK 2.14m NOK
—
Operating result
-66.5k NOK +170.7k NOK
+356.9%
Net result
-68.6k NOK +147.9k NOK
+315.7%
Equity
39.9k NOK 114.9k NOK
+187.9%
Cash
69.5k NOK 62.2k NOK
-10.5%
Total assets
69.5k NOK 1.80m NOK
+2485.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 0 NOK to 2.14m NOK. Calculated

  • ↑

    Operating result improved

    Operating result -66.5k NOK → +170.7k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 68.6k NOK to a profit of 147.9k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 39.9k NOK → 114.9k NOK (equity ratio 57.5% → 6.4%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 69.5k NOK → 62.2k NOK (-10.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.35× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 0 NOK → 3.22m NOK. Calculated

  • ·

    COGS moved

    COGS / varekostnad 0 NOK → 1.60m NOK (None YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 1.22m NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 0.5. Reported fact