AIR-FLOW AS: årsregnskap 2023 vs 2022
Grew 15% on revenue, slipped into loss
approved 2024-03-13; registry 2024-03-16; journal 2024 328131
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIR-FLOW AS. Revenue 1.01m NOK → 1.17m NOK (+15.1%). Net result +257.0k NOK → -107.5k NOK. Equity 298.9k NOK → 191.4k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AIR-FLOW AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.01m NOK to 1.17m NOK (+15.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +332.2k NOK → -110.0k NOK (op. margin 32.8% → -9.4%). Calculated
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↓
Fell into a net loss
Net result flipped from 257.0k NOK profit to a loss of 107.5k NOK. Calculated
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↓
Equity eroded
Book equity 298.9k NOK → 191.4k NOK (equity ratio 55.6% → 48.4%). Calculated
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↓
Cash fell
Bank deposits 270.3k NOK → 224.7k NOK (-16.9% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.32m NOK → 2.92m NOK (229% → 251% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 13.7k NOK → 2 541 NOK (-81.5% YoY). Calculated