Org.nr 995 435 462 2023 → 2024 Year-over-year analysis

AIR BP NORWAY AS: årsregnskap 2024 vs 2023

Shrank 24% on revenue, slipped into loss

approved 2025-06-26; registry 2025-08-04; journal 2025 609709

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIR BP NORWAY AS. Revenue 363.87m NOK → 274.98m NOK (-24.4%). Net result +2.89m NOK → -10.19m NOK. Equity 44.67m NOK → 34.48m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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

Scorecard

Revenue
363.87m NOK 274.98m NOK
-24.4%
Operating result
+729 NOK -3.05m NOK
-418481.3%
Net result
+2.89m NOK -10.19m NOK
-453.0%
Equity
44.67m NOK 34.48m NOK
-22.8%
Cash
1.27m NOK 12.70m NOK
+898.0%
Total assets
101.71m NOK 69.96m NOK
-31.2%

What improved

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 12.70m NOK (+898.0% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 363.87m NOK to 274.98m NOK (-24.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +729 NOK → -3.05m NOK (op. margin 0.0% → -1.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 2.89m NOK profit to a loss of 10.19m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 44.67m NOK → 34.48m NOK (equity ratio 43.9% → 49.3%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.17m NOK → 5.79m NOK (1% → 2% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.34m NOK → 3.26m NOK (-2.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 11.53m NOK → 5.49m NOK. Reported fact