FirmaIQ
Org.nr 926 409 255 2022 → 2023 Year-over-year analysis

AIR BAG AS: årsregnskap 2023 vs 2022

Grew 194026% on revenue, slipped into loss

approved 2024-03-26; registry 2024-04-29; journal 2024 379487

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AIR BAG AS. Revenue 2 100 NOK → 4.08m NOK (+194026.4%). Net result +20.4k NOK → -561.1k NOK. Equity 3.05m NOK → 2.49m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
2 100 NOK 4.08m NOK
+194026.4%
Operating result
+20.4k NOK -561.1k NOK
-2848.4%
Net result
+20.4k NOK -561.1k NOK
-2848.4%
Equity
3.05m NOK 2.49m NOK
-18.4%
Cash
783.4k NOK 1.03m NOK
+32.1%
Total assets
6.73m NOK 2.50m NOK
-62.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2 100 NOK to 4.08m NOK (+194026.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 783.4k NOK → 1.03m NOK (+32.1% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.21× → 348.89×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +20.4k NOK → -561.1k NOK (op. margin 972.1% → -13.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 20.4k NOK profit to a loss of 561.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 3.05m NOK → 2.49m NOK (equity ratio 45.4% → 99.9%). Calculated