Org.nr 979 918 984 2023 → 2024 Year-over-year analysis

AIRSWIFT NORGE AS: årsregnskap 2024 vs 2023

Shrank 38% on revenue, stronger earnings, cash halved-plus

approved 2025-06-28; registry 2025-07-01; journal 2025 604890

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AIRSWIFT NORGE AS. Revenue 278.07m NOK → 173.19m NOK (-37.7%). Net result +30.75m NOK → +74.35m NOK. Equity 7.53bn NOK → 7.60bn NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AIRSWIFT NORGE AS.

Scorecard

Revenue
278.07m NOK 173.19m NOK
-37.7%
Operating result
+6.36m NOK -2.82m NOK
-144.3%
Net result
+30.75m NOK +74.35m NOK
+141.8%
Equity
7.53bn NOK 7.60bn NOK
+0.8%
Cash
12.42m NOK 12.4k NOK
-99.9%
Total assets
682.53m NOK 761.75m NOK
+11.6%

What improved

  • ↑

    Net result improved

    Net result +30.75m NOK → +74.35m NOK (net margin 11.1% → 42.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 7.53bn NOK → 7.60bn NOK (equity ratio 1103.8% → 997.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 278.07m NOK to 173.19m NOK (-37.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.36m NOK → -2.82m NOK (op. margin 2.3% → -1.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 12.42m NOK → 12.4k NOK (-99.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (12.42m NOK → 12.4k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation