FirmaIQ
Org.nr 993 092 045 2020 → 2024 Year-over-year analysis

AIRTHINGS AS: årsregnskap 2024 vs 2020

Grew 108% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2024 with 2020 for AIRTHINGS AS. Revenue 205.12m NOK → 427.45m NOK (+108.4%). Net result -30.13m NOK → -167.59m NOK. Equity 8.67bn NOK → 333.77m NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; net result weakened; equity eroded.

Mixed year — gains and pressures both show up.

At a glance

Scorecard

Revenue
205.12m NOK 427.45m NOK
+108.4%
Operating result
-44.48m NOK -126.45m NOK
-184.3%
Net result
-30.13m NOK -167.59m NOK
-456.3%
Equity
8.67bn NOK 333.77m NOK
-96.2%
Cash
525.36m NOK n/m
—
Total assets
746.61m NOK 462.37m NOK
-38.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 205.12m NOK to 427.45m NOK (+108.4% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 723.08m NOK → 816.69m NOK (+93.61m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -44.48m NOK → -126.45m NOK (op. margin -21.7% → -29.6%). Calculated

  • ↓

    Net result weakened

    Net result -30.13m NOK → -167.59m NOK (net margin -14.7% → -39.2%). Calculated

  • ↓

    Equity eroded

    Book equity 8.67bn NOK → 333.77m NOK (equity ratio 1161.4% → 72.2%). Calculated