Org.nr 918 683 127 2021 → 2022 Year-over-year analysis

AIRSIDE INNOVATION AS: årsregnskap 2022 vs 2021

Grew 22% on revenue, returned to profit, fresh owner capital

approved 2023-05-31; registry 2023-06-10; journal 2023 476339

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRSIDE INNOVATION AS. Revenue 100.0k NOK → 121.7k NOK (+21.7%). Net result -75.2k NOK → +214.3k NOK. Equity 44.0k NOK → 4.38m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: payroll increased; headcount (årsverk) changed. All figures are taken from the published annual accounts for AIRSIDE INNOVATION AS.

Scorecard

Revenue
100.0k NOK 121.7k NOK
+21.7%
Operating result
-75.2k NOK +228.4k NOK
+403.7%
Net result
-75.2k NOK +214.3k NOK
+385.1%
Equity
44.0k NOK 4.38m NOK
+9843.0%
Cash
39.8k NOK 28.4k NOK
-28.7%
Total assets
64.6k NOK 1.14m NOK
+1669.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 100.0k NOK to 121.7k NOK (+21.7% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -75.2k NOK → +228.4k NOK (op. margin -75.2% → 187.6%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 75.2k NOK to a profit of 214.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 44.0k NOK → 4.38m NOK (equity ratio 68.2% → 383.1%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 30.0k NOK → 150.0k NOK (+120.0k NOK). Reported fact

What deteriorated

  • ↓

    Cash fell

    Bank deposits 39.8k NOK → 28.4k NOK (-28.7% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 12.94× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 162.7k NOK → 256.5k NOK (163% → 211% of revenue). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.3 → 0. Reported fact