AIRPROSJEKT AS: årsregnskap 2023 vs 2022
Shrank 8% on revenue, cash halved-plus
approved 2024-07-08; registry 2024-07-15; journal 2024 624343
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AIRPROSJEKT AS. Revenue 2.26m NOK → 2.07m NOK (-8.4%). Net result -569.5k NOK → -583.6k NOK. Equity -323.9k NOK → -907.4k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AIRPROSJEKT AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result +201.7k NOK → +334.8k NOK (op. margin 8.9% → 16.2%). Calculated
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Payroll decreased
Salary cost 81.1k NOK → 48.6k NOK (4% → 2% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.26m NOK to 2.07m NOK (-8.4% YoY). Calculated
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↓
Equity eroded
Book equity -323.9k NOK → -907.4k NOK (equity ratio -1.9% → -5.7%). Calculated
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Cash fell
Bank deposits 934.8k NOK → 280.8k NOK (-70.0% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -5.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Book investments changed
Investment / intangible book value 380.0k NOK → 296.0k NOK. Reported fact