Org.nr 922 642 192 2023 → 2024 Year-over-year analysis

AIRBIT AS: årsregnskap 2024 vs 2023

Shrank 21% on revenue, weaker earnings

approved 2025-06-22; registry 2025-07-03; journal 2025 627724

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRBIT AS. Revenue 4.33m NOK → 3.43m NOK (-20.7%). Net result +643.5k NOK → +67.2k NOK. Equity 2.11m NOK → 5.63m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
4.33m NOK 3.43m NOK
-20.7%
Operating result
+619.9k NOK +26.0k NOK
-95.8%
Net result
+643.5k NOK +67.2k NOK
-89.6%
Equity
2.11m NOK 5.63m NOK
+167.4%
Cash
323.4k NOK 681.1k NOK
+110.6%
Total assets
2.35m NOK 808.2k NOK
-65.5%

What improved

  • ↑

    Equity strengthened

    Book equity 2.11m NOK → 5.63m NOK (equity ratio 89.8% → 697.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 323.4k NOK → 681.1k NOK (+110.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.33m NOK to 3.43m NOK (-20.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +619.9k NOK → +26.0k NOK (op. margin 14.3% → 0.8%). Calculated

  • ↓

    Net result weakened

    Net result +643.5k NOK → +67.2k NOK (net margin 14.9% → 2.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 661.0k NOK → 676.1k NOK (15% → 20% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 1.87m NOK → 1.38m NOK (-26.1% YoY). Calculated