Org.nr 998 097 975 2022 → 2023 Year-over-year analysis

AIR TRAFFIC AS: årsregnskap 2023 vs 2022

Shrank 100% on revenue, weaker earnings, cash halved-plus

approved 2024-06-30; registry 2024-07-29; journal 2024 605923

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIR TRAFFIC AS. Revenue 8.28m NOK → 8 281 NOK (-99.9%). Net result -3 690 NOK → -36.7k NOK. Equity 40.0k NOK → 3 263 NOK.

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

Also worth watching: paid-in equity reduced; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIR TRAFFIC AS.

Scorecard

Revenue
8.28m NOK 8 281 NOK
-99.9%
Operating result
+1 301 NOK -32.3k NOK
-2580.2%
Net result
-3 690 NOK -36.7k NOK
-895.0%
Equity
40.0k NOK 3 263 NOK
-91.8%
Cash
218.6k NOK 15.8k NOK
-92.8%
Total assets
218.6k NOK 15.8k NOK
-92.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.28m NOK to 8 281 NOK (-99.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1 301 NOK → -32.3k NOK (op. margin 0.0% → -389.7%). Calculated

  • ↓

    Net result weakened

    Net result -3 690 NOK → -36.7k NOK (net margin -0.0% → -443.4%). Calculated

  • ↓

    Equity eroded

    Book equity 40.0k NOK → 3 263 NOK (equity ratio 18.3% → 20.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 218.6k NOK → 15.8k NOK (-92.8% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 41.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 8.06m NOK → 8 064 NOK (-99.9% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact