Org.nr 926 956 531 2021 → 2022 Year-over-year analysis

AIRIUS NORGE AS: årsregnskap 2022 vs 2021

Grew 502% on revenue, weaker earnings, fresh owner capital

approved 2023-07-31; registry 2023-08-02; journal 2023 679125

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRIUS NORGE AS. Revenue 77.1k NOK → 464.2k NOK (+502.1%). Net result -22.6k NOK → -37.6k NOK. Equity 1 838 NOK → -35.8k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AIRIUS NORGE AS.

Scorecard

Revenue
77.1k NOK 464.2k NOK
+502.1%
Operating result
-22.6k NOK -37.6k NOK
-66.6%
Net result
-22.6k NOK -37.6k NOK
-66.6%
Equity
1 838 NOK -35.8k NOK
-2048.0%
Cash
119.1k NOK 196.7k NOK
+65.2%
Total assets
506.6k NOK 623.5k NOK
+23.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 77.1k NOK to 464.2k NOK (+502.1% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 119.1k NOK → 196.7k NOK (+65.2% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 24.4k NOK → 30.0k NOK (+5 570 NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -22.6k NOK → -37.6k NOK (op. margin -29.3% → -8.1%). Calculated

  • ↓

    Net result weakened

    Net result -22.6k NOK → -37.6k NOK (net margin -29.3% → -8.1%). Calculated

  • ↓

    Equity eroded

    Book equity 1 838 NOK → -35.8k NOK (equity ratio 0.4% → -5.7%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.00× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 35.8k NOK → 389.0k NOK (+987.6% YoY). Calculated