AIR-SEP NORGE AS: årsregnskap 2024 vs 2023
Shrank 41% on revenue, stronger earnings
approved 2025-03-10; registry 2025-03-13; journal 2025 331360
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AIR-SEP NORGE AS. Revenue 4.36m NOK → 2.57m NOK (-41.0%). Net result +17.4k NOK → +51.0k NOK. Equity 502.8k NOK → 553.8k NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIR-SEP NORGE AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +45.2k NOK → +78.2k NOK (op. margin 1.0% → 3.0%). Calculated
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↑
Net result improved
Net result +17.4k NOK → +51.0k NOK (net margin 0.4% → 2.0%). Calculated
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↑
Equity strengthened
Book equity 502.8k NOK → 553.8k NOK (equity ratio 31.8% → 38.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 4.36m NOK to 2.57m NOK (-41.0% YoY). Calculated
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↓
Cash fell
Bank deposits 872.9k NOK → 576.9k NOK (-33.9% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1.07m NOK → 1.84m NOK (25% → 72% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.56m NOK → 1.15m NOK (-55.1% YoY). Calculated