Org.nr 927 244 268 2022 → 2023 Year-over-year analysis

AIR 2021 AS: årsregnskap 2023 vs 2022

Weaker earnings

registry 2024-07-20; journal 2024 658118

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR 2021 AS. Net result -10.2k NOK → -561.4k NOK. Equity 14.2k NOK → -547.2k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR 2021 AS.

Scorecard

Operating result
-10.1k NOK -561.4k NOK
-5434.1%
Net result
-10.2k NOK -561.4k NOK
-5401.0%
Equity
14.2k NOK -547.2k NOK
-3947.1%
Cash
1 099 NOK 61.4k NOK
+5488.1%
Total assets
16.1k NOK 121.1k NOK
+652.3%

What improved

  • ↑

    Cash rose

    Bank deposits 1 099 NOK → 61.4k NOK (+5488.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.1k NOK → -561.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result -10.2k NOK → -561.4k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 14.2k NOK → -547.2k NOK (equity ratio 88.4% → -451.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 8.59× → 0.11× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -451.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation