AIRMASTER NORGE AS: årsregnskap 2024 vs 2023
Shrank 32% on revenue, weaker earnings
approved 2025-06-30; registry 2025-07-03; journal 2025 622207
Summary
What changed
Comparing Årsregnskap 2024 with 2023 for AIRMASTER NORGE AS. Revenue 31.76m NOK → 21.52m NOK (-32.2%). Net result +1.59m NOK → +1.16m NOK. Equity 3.11m NOK → 3.17m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AIRMASTER NORGE AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 3.11m NOK → 3.17m NOK (equity ratio 45.6% → 56.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 31.76m NOK to 21.52m NOK (-32.2% YoY). Calculated
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↓
Operating result weakened
Operating result +2.06m NOK → +1.40m NOK (op. margin 6.5% → 6.5%). Calculated
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↓
Net result weakened
Net result +1.59m NOK → +1.16m NOK (net margin 5.0% → 5.4%). Calculated
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↓
Cash fell
Bank deposits 302.0k NOK → 262.5k NOK (-13.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 2.93m NOK → 3.23m NOK (9% → 15% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 29.78m NOK → 14.08m NOK (-52.7% YoY). Calculated