Org.nr 918 456 449 2023 → 2024 Year-over-year analysis

AIRLOG GROUP AS: årsregnskap 2024 vs 2023

Shrank 18% on revenue, stronger earnings

registry 2025-03-27; journal 2025 342265

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRLOG GROUP AS. Revenue 41.47m NOK → 33.86m NOK (-18.3%). Net result +334.3k NOK → +492.4k NOK. Equity 71.1k NOK → 1.56m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRLOG GROUP AS.

Scorecard

Revenue
41.47m NOK 33.86m NOK
-18.3%
Operating result
+668.3k NOK +901.1k NOK
+34.8%
Net result
+334.3k NOK +492.4k NOK
+47.3%
Equity
71.1k NOK 1.56m NOK
+2098.7%
Cash
142.6k NOK 469.5k NOK
+229.2%
Total assets
17.94m NOK 28.47m NOK
+58.7%

What improved

  • ↑

    Operating result improved

    Operating result +668.3k NOK → +901.1k NOK (op. margin 1.6% → 2.7%). Calculated

  • ↑

    Net result improved

    Net result +334.3k NOK → +492.4k NOK (net margin 0.8% → 1.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 71.1k NOK → 1.56m NOK (equity ratio 0.4% → 5.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 142.6k NOK → 469.5k NOK (+229.2% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 41.47m NOK to 33.86m NOK (-18.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.12m NOK → 24.90m NOK (-20.0% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 4. Reported fact