Org.nr 990 800 464 2022 → 2023 Year-over-year analysis

AIRLIFT SERVICES AS: årsregnskap 2023 vs 2022

Grew 20% on revenue, returned to profit

approved 2024-05-21; registry 2024-07-13; journal 2024 621643

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRLIFT SERVICES AS. Revenue 67.87m NOK → 81.54m NOK (+20.2%). Net result -10.8k NOK → +22 NOK. Equity 634.4k NOK → 634.4k NOK.

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

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

Scorecard

Revenue
67.87m NOK 81.54m NOK
+20.2%
Operating result
+24.0k NOK +541.7k NOK
+2158.3%
Net result
-10.8k NOK +22 NOK
+100.2%
Equity
634.4k NOK 634.4k NOK
+0.0%
Cash
2.99m NOK 2.68m NOK
-10.3%
Total assets
13.27m NOK 18.01m NOK
+35.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 67.87m NOK to 81.54m NOK (+20.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +24.0k NOK → +541.7k NOK (op. margin 0.0% → 0.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 10.8k NOK to a profit of 22 NOK. Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.99m NOK → 2.68m NOK (-10.3% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation