Org.nr 927 346 192 2022 → 2023 Year-over-year analysis

AIRINE SNEKKER AS: årsregnskap 2023 vs 2022

Another loss-making year

approved 2024-04-28; registry 2024-05-02; journal 2024 385906

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRINE SNEKKER AS. Revenue 764.8k NOK → 730.8k NOK (-4.4%). Net result -171.0k NOK → -179.0k NOK. Equity -29.8k NOK → -208.9k NOK.

On the constructive side: operating result improved; cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRINE SNEKKER AS.

Scorecard

Revenue
764.8k NOK 730.8k NOK
-4.4%
Operating result
-140.1k NOK -72.4k NOK
+48.3%
Net result
-171.0k NOK -179.0k NOK
-4.7%
Equity
-29.8k NOK -208.9k NOK
-600.0%
Cash
86.8k NOK 102.5k NOK
+18.0%
Total assets
187.2k NOK 1.05m NOK
+460.4%

What improved

  • ↑

    Operating result improved

    Operating result -140.1k NOK → -72.4k NOK (op. margin -18.3% → -9.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 86.8k NOK → 102.5k NOK (+18.0% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 460.4k NOK → 232.4k NOK (60% → 32% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 764.8k NOK to 730.8k NOK (-4.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -29.8k NOK → -208.9k NOK (equity ratio -15.9% → -19.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -19.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 100.1k NOK. Reported fact