Org.nr 929 085 981 2022 → 2023 Year-over-year analysis

AIRZENS NORGE AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

approved 2024-06-28; registry 2024-07-30; journal 2024 684487

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIRZENS NORGE AS. Net result -3 751 NOK → -632.2k NOK. Equity 17.2k NOK → -615.0k NOK.

Pressures included: operating result weakened; net result weakened; equity eroded.

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

Scorecard

Operating result
-3 751 NOK -632.2k NOK
-16754.7%
Net result
-3 751 NOK -632.2k NOK
-16754.7%
Equity
17.2k NOK -615.0k NOK
-3680.2%
Cash
17.2k NOK 4 288 NOK
-75.0%
Total assets
17.2k NOK 8 172 NOK
-52.4%

What deteriorated

  • ↓

    Operating result weakened

    Operating result -3 751 NOK → -632.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result -3 751 NOK → -632.2k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 17.2k NOK → -615.0k NOK (equity ratio 100.0% → -7526.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 17.2k NOK → 4 288 NOK (-75.0% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -7526.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation