Org.nr 998 097 975 2023 → 2024 Year-over-year analysis

AIR TRAFFIC AS: årsregnskap 2024 vs 2023

Stronger earnings, cash halved-plus

approved 2025-06-30; registry 2025-07-24; journal 2025 699919

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIR TRAFFIC AS. Net result -36.7k NOK → -17.4k NOK. Equity 3 263 NOK → -14.1k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIR TRAFFIC AS.

Scorecard

Revenue
8 281 NOK n/m
—
Operating result
-32.3k NOK -17.4k NOK
+46.0%
Net result
-36.7k NOK -17.4k NOK
+52.6%
Equity
3 263 NOK -14.1k NOK
-533.0%
Cash
15.8k NOK 392 NOK
-97.5%
Total assets
15.8k NOK 392 NOK
-97.5%

What improved

  • ↑

    Operating result improved

    Operating result -32.3k NOK → -17.4k NOK. Calculated

  • ↑

    Net result improved

    Net result -36.7k NOK → -17.4k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3 263 NOK → -14.1k NOK (equity ratio 20.7% → -3604.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 15.8k NOK → 392 NOK (-97.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.26× → 0.03× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3604.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation