Org.nr 997 869 621 2022 → 2023 Year-over-year analysis

AIR ENERGI NORWAY AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, slipped into loss

approved 2024-06-19; registry 2024-07-04; journal 2024 574380

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR ENERGI NORWAY AS. Revenue 1.02m NOK → 1 021 NOK (-99.9%). Net result +362.4k NOK → -118.9k NOK. Equity -1.46m NOK → -1.58m NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIR ENERGI NORWAY AS.

Scorecard

Revenue
1.02m NOK 1 021 NOK
-99.9%
Operating result
+386.4k NOK -151.4k NOK
-139.2%
Net result
+362.4k NOK -118.9k NOK
-132.8%
Equity
-1.46m NOK -1.58m NOK
-8.2%
Cash
69.7k NOK 69.7k NOK
0.0%
Total assets
28.71m NOK 18.38m NOK
-36.0%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.02m NOK to 1 021 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +386.4k NOK → -151.4k NOK (op. margin 37.8% → -14826.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 362.4k NOK profit to a loss of 118.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -1.46m NOK → -1.58m NOK (equity ratio -5.1% → -8.6%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 687.8k NOK → 15.7k NOK (-97.7% YoY). Calculated