AIR MANAGEMENT AS: årsregnskap 2023 vs 2022
Shrank 24% on revenue, weaker earnings
approved 2024-06-05; registry 2024-08-05; journal 2024 622243
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIR MANAGEMENT AS. Revenue 15.61m NOK → 11.90m NOK (-23.8%). Net result +21.24m NOK → +14.65m NOK. Equity 16.20m NOK → 30.85m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR MANAGEMENT AS.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 16.20m NOK → 30.85m NOK (equity ratio 18.0% → 56.1%). Calculated
-
↑
Cash rose
Bank deposits 470.0k NOK → 8.97m NOK (+1808.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.50× → 1.46×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 15.61m NOK to 11.90m NOK (-23.8% YoY). Calculated
-
↓
Operating result weakened
Operating result +8.33m NOK → +3.58m NOK (op. margin 53.3% → 30.1%). Calculated
-
↓
Net result weakened
Net result +21.24m NOK → +14.65m NOK (net margin 136.1% → 123.1%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 6.51m NOK → 35.96m NOK (42% → 302% of revenue). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 1.29bn NOK → 1.10bn NOK (-14.9% YoY). Calculated