Org.nr 926 956 531 2022 → 2023 Year-over-year analysis

AIRIUS NORGE AS: årsregnskap 2023 vs 2022

Grew 106% on revenue, returned to profit, cash halved-plus

approved 2024-07-19; registry 2024-07-20; journal 2024 657520

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRIUS NORGE AS. Revenue 464.2k NOK → 957.2k NOK (+106.2%). Net result -37.6k NOK → +118.8k NOK. Equity -35.8k NOK → 83.0k NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

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

Scorecard

Revenue
464.2k NOK 957.2k NOK
+106.2%
Operating result
-37.6k NOK +120.3k NOK
+419.7%
Net result
-37.6k NOK +118.8k NOK
+415.7%
Equity
-35.8k NOK 83.0k NOK
+331.9%
Cash
196.7k NOK -9 859 NOK
-105.0%
Total assets
623.5k NOK 622.9k NOK
-0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 464.2k NOK to 957.2k NOK (+106.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -37.6k NOK → +120.3k NOK (op. margin -8.1% → 12.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 37.6k NOK to a profit of 118.8k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -35.8k NOK → 83.0k NOK (equity ratio -5.7% → 13.3%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.95× → 1.15×. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 196.7k NOK → -9 859 NOK (-105.0% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 389.0k NOK → 678.7k NOK (+74.5% YoY). Calculated