Org.nr 923 814 841 2021 → 2022 Year-over-year analysis

AIRTOX NORWAY AS: årsregnskap 2022 vs 2021

Another loss-making year

approved 2023-05-30; registry 2023-06-13; journal 2023 483759

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIRTOX NORWAY AS. Net result -16.8k NOK → -11.8k NOK. Equity 12.7k NOK → 897 NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AIRTOX NORWAY AS.

Scorecard

Operating result
-16.8k NOK -11.8k NOK
+30.0%
Net result
-16.8k NOK -11.8k NOK
+30.0%
Equity
12.7k NOK 897 NOK
-92.9%
Cash
29.2k NOK 28.8k NOK
-1.3%
Total assets
29.2k NOK 28.8k NOK
-1.3%

What improved

  • ↑

    Operating result improved

    Operating result -16.8k NOK → -11.8k NOK. Calculated

  • ↑

    Net result improved

    Net result -16.8k NOK → -11.8k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 12.7k NOK → 897 NOK (equity ratio 43.4% → 3.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation