AIRSWIFT GLOBAL AS: årsregnskap 2022 vs 2021
Grew 27547% on revenue, stronger earnings, cash halved-plus
approved 2023-04-27; registry 2023-08-05; journal 2023 640685
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIRSWIFT GLOBAL AS. Revenue -4 133 NOK → 1.13m NOK (+27547.1%). Net result -14.99m NOK → -988.4k NOK. Equity 180.65m NOK → 179.67m NOK.
On the constructive side: revenue rose; net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown; book investments changed. All figures are taken from the published annual accounts for AIRSWIFT GLOBAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from -4 133 NOK to 1.13m NOK (+27547.1% YoY). Calculated
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Net result improved
Net result -14.99m NOK → -988.4k NOK (net margin 362738.9% → -87.1%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4 133 NOK → -93.9k NOK (op. margin 100.0% → -8.3%). Calculated
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↓
Equity eroded
Book equity 180.65m NOK → 179.67m NOK (equity ratio 52.4% → 48.6%). Calculated
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↓
Cash fell
Bank deposits 28.90m NOK → 4 065 NOK (-100.0% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (28.90m NOK → 4 065 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Book investments changed
Investment / intangible book value 335.29m NOK → 369.51m NOK. Reported fact