AIR CARGO LOGISTICS AS: årsregnskap 2024 vs 2023
Shrank 9% on revenue, weaker earnings, cash halved-plus
approved 2025-06-12; registry 2025-06-26; journal 2025 570564
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AIR CARGO LOGISTICS AS. Revenue 1.17bn NOK → 1.06bn NOK (-9.2%). Net result +14.70m NOK → +3.12m NOK. Equity 14.78m NOK → 17.91m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: sharp cash drawdown; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIR CARGO LOGISTICS AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 14.78m NOK → 17.91m NOK (equity ratio 6.7% → 12.5%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.17bn NOK to 1.06bn NOK (-9.2% YoY). Calculated
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↓
Operating result weakened
Operating result +18.10m NOK → +3.43m NOK (op. margin 1.5% → 0.3%). Calculated
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↓
Net result weakened
Net result +14.70m NOK → +3.12m NOK (net margin 1.3% → 0.3%). Calculated
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↓
Cash fell
Bank deposits 72.17m NOK → 4.03m NOK (-94.4% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (72.17m NOK → 4.03m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
COGS fell
COGS / varekostnad 1.11bn NOK → 1.01bn NOK (-9.1% YoY). Calculated
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·
Headcount (årsverk) changed
Reported FTEs 32 → 35. Reported fact