Org.nr 918 683 127 2023 → 2024 Year-over-year analysis

AIRSIDE INNOVATION AS: årsregnskap 2024 vs 2023

Shrank 95% on revenue, slipped into loss

approved 2025-07-29; registry 2025-08-09; journal 2025 731944

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRSIDE INNOVATION AS. Revenue 14.22m NOK → 661.6k NOK (-95.3%). Net result +154.8k NOK → -432.0k NOK. Equity 653.1k NOK → 213.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRSIDE INNOVATION AS.

Scorecard

Revenue
14.22m NOK 661.6k NOK
-95.3%
Operating result
+390.8k NOK -417.2k NOK
-206.7%
Net result
+154.8k NOK -432.0k NOK
-379.1%
Equity
653.1k NOK 213.7k NOK
-67.3%
Cash
86.6k NOK 189.9k NOK
+119.3%
Total assets
9.25m NOK 6.82m NOK
-26.3%

What improved

  • ↑

    Cash rose

    Bank deposits 86.6k NOK → 189.9k NOK (+119.3% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.86m NOK → 390.2k NOK (27% → 59% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 14.22m NOK to 661.6k NOK (-95.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +390.8k NOK → -417.2k NOK (op. margin 2.7% → -63.1%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 154.8k NOK profit to a loss of 432.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 653.1k NOK → 213.7k NOK (equity ratio 7.1% → 3.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation