AIR CTRL AS: årsregnskap 2023 vs 2022
Grew 110% on revenue, weaker earnings, cash halved-plus
approved 2024-01-01; registry 2024-06-24; journal 2024 537767
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIR CTRL AS. Revenue 453.5k NOK → 951.4k NOK (+109.8%). Net result +121.4k NOK → +11.7k NOK. Equity -250.4k NOK → -238.7k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for AIR CTRL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 453.5k NOK to 951.4k NOK (+109.8% YoY). Calculated
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↑
Equity strengthened
Book equity -250.4k NOK → -238.7k NOK (equity ratio -10.3% → -203.4%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.25× → 2.45×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +150.0k NOK → +52.6k NOK (op. margin 33.1% → 5.5%). Calculated
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↓
Net result weakened
Net result +121.4k NOK → +11.7k NOK (net margin 26.8% → 1.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -203.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Payroll increased
Salary cost 9 529 NOK → 25.5k NOK (2% → 3% of revenue). Calculated
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COGS fell
COGS / varekostnad 154.3k NOK → 44.1k NOK (-71.4% YoY). Calculated
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Book investments changed
Investment / intangible book value -205.8k NOK → -1 400 NOK. Reported fact