Org.nr 913 370 147 2022 → 2023 Year-over-year analysis

AIREX AVIATION AS: årsregnskap 2023 vs 2022

Grew 100% on revenue, returned to profit

approved 2024-07-28; registry 2024-07-30; journal 2024 685205

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIREX AVIATION AS. Revenue -160.0k NOK → 0 NOK (+100.0%). Net result -261.8k NOK → 0 NOK. Equity -470.1k NOK → -470.1k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: current ratio dropped below 1×.

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

Scorecard

Revenue
-160.0k NOK 0 NOK
+100.0%
Operating result
-261.8k NOK 0 NOK
+100.0%
Net result
-261.8k NOK 0 NOK
+100.0%
Equity
-470.1k NOK -470.1k NOK
0.0%
Cash
9 161 NOK 9 161 NOK
0.0%
Total assets
589.3k NOK 589.3k NOK
0.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -160.0k NOK to 0 NOK (+100.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -261.8k NOK → 0 NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 261.8k NOK to a profit of 0 NOK. Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 5.96× → 0.33× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -79.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation