AITHER AS: årsregnskap 2023 vs 2022
Grew 513% on revenue, weaker earnings, cash halved-plus
approved 2024-05-06; registry 2024-05-27; journal 2024 444791
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AITHER AS. Revenue 48.9k NOK → 300.0k NOK (+513.5%). Net result -143.6k NOK → -259.8k NOK. Equity 257.3k NOK → -2 435 NOK.
On the constructive side: revenue rose. 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 AITHER AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 48.9k NOK to 300.0k NOK (+513.5% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -143.6k NOK → -260.4k NOK (op. margin -293.7% → -86.8%). Calculated
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↓
Net result weakened
Net result -143.6k NOK → -259.8k NOK (net margin -293.7% → -86.6%). Calculated
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↓
Equity eroded
Book equity 257.3k NOK → -2 435 NOK (equity ratio 96.6% → -20.5%). Calculated
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↓
Cash fell
Bank deposits 244.7k NOK → 7 664 NOK (-96.9% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 29.26× → 0.83× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -20.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation