Org.nr 913 169 085 2022 → 2023 Year-over-year analysis

AIR BUILDING AS: årsregnskap 2023 vs 2022

Shrank 8% on revenue, returned to profit

approved 2024-02-28; registry 2024-03-02; journal 2024 316344

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR BUILDING AS. Revenue 3.30m NOK → 3.02m NOK (-8.5%). Net result -168.7k NOK → +248.7k NOK. Equity -218.7k NOK → 29.9k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.

Net constructive year on the published lines.

Scorecard

Revenue
3.30m NOK 3.02m NOK
-8.5%
Operating result
-168.7k NOK +249.1k NOK
+247.7%
Net result
-168.7k NOK +248.7k NOK
+247.4%
Equity
-218.7k NOK 29.9k NOK
+113.7%
Cash
205.6k NOK 206.4k NOK
+0.4%
Total assets
626.3k NOK 621.2k NOK
-0.8%

What improved

  • ↑

    Operating result improved

    Operating result -168.7k NOK → +249.1k NOK (op. margin -5.1% → 8.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 168.7k NOK to a profit of 248.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -218.7k NOK → 29.9k NOK (equity ratio -34.9% → 4.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.32m NOK → 1.65m NOK (70% → 55% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.30m NOK to 3.02m NOK (-8.5% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 761.9k NOK → 767.6k NOK (+0.7% YoY). Calculated