Org.nr 937 715 080 2021 → 2022 Year-over-year analysis

AIR TRAFFIC OFFSHORE AS: årsregnskap 2022 vs 2021

Grew 139% on revenue, slipped into loss

approved 2023-05-30; registry 2023-06-01; journal 2023 445437

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIR TRAFFIC OFFSHORE AS. Revenue 342.2k NOK → 819.0k NOK (+139.3%). Net result +464.5k NOK → -32.5k NOK. Equity 11.31m NOK → 11.28m NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; equity eroded.

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

Scorecard

Revenue
342.2k NOK 819.0k NOK
+139.3%
Operating result
+208.7k NOK +41.6k NOK
-80.1%
Net result
+464.5k NOK -32.5k NOK
-107.0%
Equity
11.31m NOK 11.28m NOK
-0.3%
Cash
4.08m NOK 3.33m NOK
-18.4%
Total assets
16.49m NOK 15.69m NOK
-4.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 342.2k NOK to 819.0k NOK (+139.3% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +208.7k NOK → +41.6k NOK (op. margin 61.0% → 5.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 464.5k NOK profit to a loss of 32.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 11.31m NOK → 11.28m NOK (equity ratio 68.6% → 71.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 4.08m NOK → 3.33m NOK (-18.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 8.84m NOK → 8.81m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 139.6k NOK → 38.1k NOK (-72.7% YoY). Calculated