Org.nr 913 169 085 2023 → 2024 Year-over-year analysis

AIR BUILDING AS: årsregnskap 2024 vs 2023

Grew 15% on revenue

approved 2025-05-10; registry 2025-05-12; journal 2025 427493

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIR BUILDING AS. Revenue 3.02m NOK → 3.47m NOK (+14.9%). Net result +248.7k NOK → +220.1k NOK. Equity 29.9k NOK → 5.25m NOK.

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

Also worth watching: payroll increased; cogs moved; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIR BUILDING AS.

Scorecard

Revenue
3.02m NOK 3.47m NOK
+14.9%
Operating result
+249.1k NOK +215.4k NOK
-13.5%
Net result
+248.7k NOK +220.1k NOK
-11.5%
Equity
29.9k NOK 5.25m NOK
+17444.0%
Cash
206.4k NOK 650.9k NOK
+215.3%
Total assets
621.2k NOK 121.9k NOK
-80.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.02m NOK to 3.47m NOK (+14.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 29.9k NOK → 5.25m NOK (equity ratio 4.8% → 4306.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 206.4k NOK → 650.9k NOK (+215.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.11×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +249.1k NOK → +215.4k NOK (op. margin 8.3% → 6.2%). Calculated

  • ↓

    Net result weakened

    Net result +248.7k NOK → +220.1k NOK (net margin 8.2% → 6.3%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.65m NOK → 2.06m NOK (55% → 59% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 767.6k NOK → 783.7k NOK (+2.1% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 4 → 3. Reported fact