Org.nr 915 189 687 2023 → 2024 Year-over-year analysis

AIRBORNE AS: årsregnskap 2024 vs 2023

Shrank 55% on revenue, cash halved-plus

approved 2025-05-29; registry 2025-06-02; journal 2025 498870

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRBORNE AS. Revenue 22.0k NOK → 10.0k NOK (-54.5%). Net result -12.3k NOK → -10.5k NOK. Equity 9 925 NOK → -535 NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIRBORNE AS.

Scorecard

Revenue
22.0k NOK 10.0k NOK
-54.5%
Operating result
-12.3k NOK -10.5k NOK
+15.2%
Net result
-12.3k NOK -10.5k NOK
+15.2%
Equity
9 925 NOK -535 NOK
-105.4%
Cash
16.5k NOK 5 579 NOK
-66.3%
Total assets
18.7k NOK 8 194 NOK
-56.1%

What improved

  • ↑

    Operating result improved

    Operating result -12.3k NOK → -10.5k NOK (op. margin -56.1% → -104.6%). Calculated

  • ↑

    Net result improved

    Net result -12.3k NOK → -10.5k NOK (net margin -56.1% → -104.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 22.0k NOK to 10.0k NOK (-54.5% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 9 925 NOK → -535 NOK (equity ratio 53.2% → -6.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.5k NOK → 5 579 NOK (-66.3% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.14× → 0.94× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 13.5k NOK → 0 NOK (-100.0% YoY). Calculated