Org.nr 914 424 046 2021 → 2022 Year-over-year analysis

AIRADVANTAGE AS: årsregnskap 2022 vs 2021

Grew 193% on revenue, returned to profit

approved 2023-06-30; registry 2023-07-04; journal 2023 568334

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRADVANTAGE AS. Revenue 118.8k NOK → 348.3k NOK (+193.2%). Net result -109.1k NOK → +83.3k NOK. Equity -42.6k NOK → 40.7k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: cogs moved. All figures are taken from the published annual accounts for AIRADVANTAGE AS.

Scorecard

Revenue
118.8k NOK 348.3k NOK
+193.2%
Operating result
-109.0k NOK +82.8k NOK
+176.0%
Net result
-109.1k NOK +83.3k NOK
+176.4%
Equity
-42.6k NOK 40.7k NOK
+195.5%
Cash
3 417 NOK 94.4k NOK
+2663.9%
Total assets
100.7k NOK 217.0k NOK
+115.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 118.8k NOK to 348.3k NOK (+193.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -109.0k NOK → +82.8k NOK (op. margin -91.8% → 23.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 109.1k NOK to a profit of 83.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -42.6k NOK → 40.7k NOK (equity ratio -42.3% → 18.8%). Calculated

  • ↑

    Cash rose

    Bank deposits 3 417 NOK → 94.4k NOK (+2663.9% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 44.9k NOK → 109.5k NOK (+144.1% YoY). Calculated