AIRSPACE HOLDING AS: årsregnskap 2022 vs 2021
Shrank 19% on revenue, returned to profit
approved 2023-06-30; registry 2023-08-24; journal 2023 713802
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRSPACE HOLDING AS. Revenue 1.31m NOK → 1.06m NOK (-19.1%). Net result -1.29m NOK → +25.74m NOK. Equity 57.97m NOK → 82.01m NOK.
On the constructive side: turned profitable; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AIRSPACE HOLDING AS.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 1.29m NOK to a profit of 25.74m NOK. Calculated
-
↑
Equity strengthened
Book equity 57.97m NOK → 82.01m NOK (equity ratio 89.6% → 92.5%). Calculated
-
↑
Cash rose
Bank deposits 8.48m NOK → 26.98m NOK (+218.2% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.31m NOK to 1.06m NOK (-19.1% YoY). Calculated
-
↓
Operating result weakened
Operating result +4 010 NOK → -239.0k NOK (op. margin 0.3% → -22.5%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 43.7k NOK → 60.1k NOK (3% → 6% of revenue). Calculated
Things to notice
-
·
Book investments changed
Investment / intangible book value 5.65m NOK → 7 NOK. Reported fact