Org.nr 979 558 821 2023 → 2024 Year-over-year analysis

AIRPROSJEKT AS: årsregnskap 2024 vs 2023

Grew 362% on revenue, returned to profit

approved 2025-07-07; registry 2025-07-10; journal 2025 654857

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRPROSJEKT AS. Revenue 2.07m NOK → 9.56m NOK (+361.8%). Net result -583.6k NOK → +428.2k NOK. Equity -907.4k NOK → 4.52m NOK.

On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: operating result weakened; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRPROSJEKT AS.

Scorecard

Revenue
2.07m NOK 9.56m NOK
+361.8%
Operating result
+334.8k NOK +56.1k NOK
-83.2%
Net result
-583.6k NOK +428.2k NOK
+173.4%
Equity
-907.4k NOK 4.52m NOK
+598.2%
Cash
280.8k NOK 471.5k NOK
+67.9%
Total assets
15.93m NOK 6.95m NOK
-56.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.07m NOK to 9.56m NOK (+361.8% YoY). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 583.6k NOK to a profit of 428.2k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -907.4k NOK → 4.52m NOK (equity ratio -5.7% → 65.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 280.8k NOK → 471.5k NOK (+67.9% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 48.6k NOK → 16.8k NOK (2% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +334.8k NOK → +56.1k NOK (op. margin 16.2% → 0.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.67× → 0.81× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 296.0k NOK → 222.0k NOK. Reported fact