AIRPRODUKTER AS: årsregnskap 2023 vs 2022
Shrank 92% on revenue, cash halved-plus
approved 2024-07-31; registry 2024-09-09; journal 2024 744576
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIRPRODUKTER AS. Revenue 3.27m NOK → 256.4k NOK (-92.2%). Net result -961.9k NOK → -881.0k NOK. Equity -3.50m NOK → -4.38m NOK.
On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRPRODUKTER AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -917.9k NOK → -806.7k NOK (op. margin -28.0% → -314.7%). Calculated
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Net result improved
Net result -961.9k NOK → -881.0k NOK (net margin -29.4% → -343.7%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.27m NOK to 256.4k NOK (-92.2% YoY). Calculated
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Equity eroded
Book equity -3.50m NOK → -4.38m NOK (equity ratio -244.9% → -5614.4%). Calculated
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Cash fell
Bank deposits 155.8k NOK → -1 290 NOK (-100.8% YoY). Calculated
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Payroll up without matching revenue
Salary cost 2 NOK → 62.5k NOK (0% → 24% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -5614.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 2.31m NOK → 319.7k NOK (-86.1% YoY). Calculated
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Headcount (årsverk) changed
Reported FTEs 2 → 0. Reported fact