Org.nr 913 370 147 2021 → 2022 Year-over-year analysis

AIREX AVIATION AS: årsregnskap 2022 vs 2021

Shrank 150% on revenue, weaker earnings

approved 2023-07-31; registry 2023-08-03; journal 2023 698082

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIREX AVIATION AS. Revenue 317.8k NOK → -160.0k NOK (-150.4%). Net result -196.2k NOK → -261.8k NOK. Equity -208.3k NOK → -470.1k NOK.

On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AIREX AVIATION AS.

Scorecard

Revenue
317.8k NOK -160.0k NOK
-150.4%
Operating result
-192.5k NOK -261.8k NOK
-36.0%
Net result
-196.2k NOK -261.8k NOK
-33.4%
Equity
-208.3k NOK -470.1k NOK
-125.7%
Cash
9 161 NOK 9 161 NOK
0.0%
Total assets
106.2k NOK 589.3k NOK
+454.9%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio -0.27× → 5.96×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 317.8k NOK to -160.0k NOK (-150.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -192.5k NOK → -261.8k NOK (op. margin -60.6% → 163.6%). Calculated

  • ↓

    Net result weakened

    Net result -196.2k NOK → -261.8k NOK (net margin -61.8% → 163.6%). Calculated

  • ↓

    Equity eroded

    Book equity -208.3k NOK → -470.1k NOK (equity ratio -196.2% → -79.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.3k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 7 500 NOK → 235.1k NOK. Reported fact