Org.nr 997 869 621 2023 → 2024 Year-over-year analysis

AIR ENERGI NORWAY AS: årsregnskap 2024 vs 2023

Shrank 29% on revenue, weaker earnings

approved 2025-06-18; registry 2025-07-02; journal 2025 612722

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIR ENERGI NORWAY AS. Revenue 1 021 NOK → 725 NOK (-29.0%). Net result -118.9k NOK → -586.4k NOK. Equity -1.58m NOK → -2.16m NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
1 021 NOK 725 NOK
-29.0%
Operating result
-151.4k NOK -311.4k NOK
-105.7%
Net result
-118.9k NOK -586.4k NOK
-393.1%
Equity
-1.58m NOK -2.16m NOK
-37.2%
Cash
69.7k NOK n/m
—
Total assets
18.38m NOK 20.15m NOK
+9.6%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1 021 NOK to 725 NOK (-29.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -151.4k NOK → -311.4k NOK (op. margin -14826.9% → -42947.0%). Calculated

  • ↓

    Net result weakened

    Net result -118.9k NOK → -586.4k NOK (net margin -11647.9% → -80887.6%). Calculated

  • ↓

    Equity eroded

    Book equity -1.58m NOK → -2.16m NOK (equity ratio -8.6% → -10.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost -531.5k NOK → 5 NOK (-52061% → 1% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation