Org.nr 995 435 462 2022 → 2023 Year-over-year analysis

AIR BP NORWAY AS: årsregnskap 2023 vs 2022

Grew 83512% on revenue, returned to profit

approved 2024-06-24; registry 2024-07-22; journal 2024 571313

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR BP NORWAY AS. Revenue 435.2k NOK → 363.87m NOK (+83511.9%). Net result -1.63m NOK → +2.89m NOK. Equity 41.79m NOK → 44.67m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AIR BP NORWAY AS.

Scorecard

Revenue
435.2k NOK 363.87m NOK
+83511.9%
Operating result
+550.0k NOK +729 NOK
-99.9%
Net result
-1.63m NOK +2.89m NOK
+277.1%
Equity
41.79m NOK 44.67m NOK
+6.9%
Cash
n/m 1.27m NOK
—
Total assets
126.15m NOK 101.71m NOK
-19.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 435.2k NOK to 363.87m NOK (+83511.9% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.63m NOK to a profit of 2.89m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 41.79m NOK → 44.67m NOK (equity ratio 33.1% → 43.9%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 1.00× → 1.03×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +550.0k NOK → +729 NOK (op. margin 126.4% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2.85m NOK → 5.17m NOK (655% → 1% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 3.42m NOK → 3.34m NOK (-2.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 9.48m NOK → 11.53m NOK. Reported fact