AIRCRAFT ENGINEERING AS: årsregnskap 2023 vs 2022
Grew 206% on revenue, returned to profit
approved 2024-05-29; registry 2024-06-03; journal 2024 477513
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIRCRAFT ENGINEERING AS. Revenue 47.8k NOK → 146.3k NOK (+205.9%). Net result -290.4k NOK → +65.0k NOK. Equity 257.5k NOK → 322.5k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRCRAFT ENGINEERING AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 47.8k NOK to 146.3k NOK (+205.9% YoY). Calculated
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Operating result improved
Operating result -286.1k NOK → +64.9k NOK (op. margin -598.1% → 44.4%). Calculated
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Turned profitable
Net result flipped from a loss of 290.4k NOK to a profit of 65.0k NOK. Calculated
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Equity strengthened
Book equity 257.5k NOK → 322.5k NOK (equity ratio 95.9% → 97.4%). Calculated
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Payroll decreased
Salary cost 34.3k NOK → 1 NOK (72% → 0% of revenue). Calculated
What deteriorated
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Cash fell
Bank deposits 169.7k NOK → 167.8k NOK (-1.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 299.6k NOK → 50.0k NOK (-83.3% YoY). Calculated