Org.nr 927 612 011 2023 → 2024 Year-over-year analysis

AIR MANAGEMENT AS: årsregnskap 2024 vs 2023

Shrank 9% on revenue, stronger earnings

approved 2025-06-12; registry 2025-07-26; journal 2025 570554

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIR MANAGEMENT AS. Revenue 11.90m NOK → 10.80m NOK (-9.2%). Net result +14.65m NOK → +20.29m NOK. Equity 30.85m NOK → 10.61m NOK.

On the constructive side: net result improved; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for AIR MANAGEMENT AS.

Scorecard

Revenue
11.90m NOK 10.80m NOK
-9.2%
Operating result
+3.58m NOK +122.3k NOK
-96.6%
Net result
+14.65m NOK +20.29m NOK
+38.5%
Equity
30.85m NOK 10.61m NOK
-65.6%
Cash
8.97m NOK 14.04m NOK
+56.6%
Total assets
54.95m NOK 39.41m NOK
-28.3%

What improved

  • ↑

    Net result improved

    Net result +14.65m NOK → +20.29m NOK (net margin 123.1% → 187.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 8.97m NOK → 14.04m NOK (+56.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 35.96m NOK → 7.16m NOK (302% → 66% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.90m NOK to 10.80m NOK (-9.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.58m NOK → +122.3k NOK (op. margin 30.1% → 1.1%). Calculated

  • ↓

    Equity eroded

    Book equity 30.85m NOK → 10.61m NOK (equity ratio 56.1% → 26.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 16.20m NOK → 10.61m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 1.10bn NOK → 998.89m NOK (-9.1% YoY). Calculated