Org.nr 912 116 638 2023 → 2024 Year-over-year analysis

AIRCRAFT SOLUTIONS AS: årsregnskap 2024 vs 2023

Shrank 81% on revenue, stronger earnings

approved 2025-06-05; registry 2025-06-11; journal 2025 528081

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRCRAFT SOLUTIONS AS. Revenue 351.7k NOK → 66.0k NOK (-81.2%). Net result -132.1k NOK → -69.1k NOK. Equity -727.3k NOK → -796.4k NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRCRAFT SOLUTIONS AS.

Scorecard

Revenue
351.7k NOK 66.0k NOK
-81.2%
Operating result
-134.1k NOK -71.6k NOK
+46.6%
Net result
-132.1k NOK -69.1k NOK
+47.7%
Equity
-727.3k NOK -796.4k NOK
-9.5%
Cash
162.6k NOK 329.6k NOK
+102.7%
Total assets
1.19m NOK 1.15m NOK
-3.0%

What improved

  • ↑

    Operating result improved

    Operating result -134.1k NOK → -71.6k NOK (op. margin -38.1% → -108.4%). Calculated

  • ↑

    Net result improved

    Net result -132.1k NOK → -69.1k NOK (net margin -37.6% → -104.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 162.6k NOK → 329.6k NOK (+102.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 351.7k NOK to 66.0k NOK (-81.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -727.3k NOK → -796.4k NOK (equity ratio -61.1% → -69.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 73.0k NOK → 1.56m NOK (21% → 2361% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 0 NOK → 54.7k NOK (None YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -69.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation