Org.nr 990 860 718 2022 → 2023 Year-over-year analysis

AIRHILL AEROSPACE TECHNOLOGIES AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-28; registry 2024-07-30; journal 2024 685661

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRHILL AEROSPACE TECHNOLOGIES AS. Net result -9 250 NOK → -52.3k NOK. Equity -237.6k NOK → -289.9k NOK.

On the constructive side: cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRHILL AEROSPACE TECHNOLOGIES AS.

Scorecard

Operating result
-9 250 NOK -52.3k NOK
-465.4%
Net result
-9 250 NOK -52.3k NOK
-465.4%
Equity
-237.6k NOK -289.9k NOK
-22.0%
Cash
267 NOK 167.3k NOK
+62546.8%
Total assets
240.7k NOK 240.1k NOK
-0.2%

What improved

  • ↑

    Cash rose

    Bank deposits 267 NOK → 167.3k NOK (+62546.8% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -9 250 NOK → -52.3k NOK. Calculated

  • ↓

    Net result weakened

    Net result -9 250 NOK → -52.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -237.6k NOK → -289.9k NOK (equity ratio -98.7% → -120.7%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -120.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation