Org.nr 927 020 556 2022 → 2023 Year-over-year analysis

AIRSWIFT GLOBAL AS: årsregnskap 2023 vs 2022

Grew 120301% on revenue, cash halved-plus

approved 2024-04-29; registry 2024-06-01; journal 2024 396938

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRSWIFT GLOBAL AS. Revenue 1.13m NOK → 1.37bn NOK (+120301.2%). Net result -988.4k NOK → -987.3k NOK. Equity 179.67m NOK → 178.68m NOK.

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

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

Scorecard

Revenue
1.13m NOK 1.37bn NOK
+120301.2%
Operating result
-93.9k NOK -251.9k NOK
-168.2%
Net result
-988.4k NOK -987.3k NOK
+0.1%
Equity
179.67m NOK 178.68m NOK
-0.5%
Cash
4 065 NOK 428 NOK
-89.5%
Total assets
369.53m NOK 419.57m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.13m NOK to 1.37bn NOK (+120301.2% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -93.9k NOK → -251.9k NOK (op. margin -8.3% → -0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 179.67m NOK → 178.68m NOK (equity ratio 48.6% → 42.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 4 065 NOK → 428 NOK (-89.5% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 369.51m NOK → 419.57m NOK. Reported fact