AIRCONSTRUCTION AS: årsregnskap 2024 vs 2023
Shrank 7% on revenue, slipped into loss, cash halved-plus
approved 2025-07-18; registry 2025-07-28; journal 2025 704389
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AIRCONSTRUCTION AS. Revenue 8.35m NOK → 7.74m NOK (-7.3%). Net result +10.75m NOK → -18.17m NOK. Equity 5.22bn NOK → 12 NOK.
Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIRCONSTRUCTION AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 8.35m NOK to 7.74m NOK (-7.3% YoY). Calculated
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Operating result weakened
Operating result -830.3k NOK → -3.82m NOK (op. margin -9.9% → -49.4%). Calculated
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Fell into a net loss
Net result flipped from 10.75m NOK profit to a loss of 18.17m NOK. Calculated
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Equity eroded
Book equity 5.22bn NOK → 12 NOK (equity ratio 1371.6% → 0.0%). Calculated
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Cash fell
Bank deposits 47.03m NOK → 7.37m NOK (-84.3% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (47.03m NOK → 7.37m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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Book investments changed
Investment / intangible book value 297.73m NOK → 288.43m NOK. Reported fact