Org.nr 989 113 704 2023 → 2024 Year-over-year analysis

AIRSPACE HOLDING AS: årsregnskap 2024 vs 2023

Grew 72% on revenue, weaker earnings

approved 2025-06-30; registry 2025-08-02; journal 2025 727852

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRSPACE HOLDING AS. Revenue 1.01m NOK → 1.74m NOK (+72.3%). Net result -174.5k NOK → -4.93m NOK. Equity 78.64m NOK → 72.23m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: net result weakened; equity eroded; cash fell.

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

Scorecard

Revenue
1.01m NOK 1.74m NOK
+72.3%
Operating result
-240.6k NOK +860.4k NOK
+457.6%
Net result
-174.5k NOK -4.93m NOK
-2724.3%
Equity
78.64m NOK 72.23m NOK
-8.1%
Cash
25.56m NOK 14.30m NOK
-44.1%
Total assets
87.54m NOK 73.42m NOK
-16.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.01m NOK to 1.74m NOK (+72.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -240.6k NOK → +860.4k NOK (op. margin -23.8% → 49.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -174.5k NOK → -4.93m NOK (net margin -17.3% → -283.2%). Calculated

  • ↓

    Equity eroded

    Book equity 78.64m NOK → 72.23m NOK (equity ratio 89.8% → 98.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 25.56m NOK → 14.30m NOK (-44.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.96m NOK → 7.78m NOK. Reported fact