NORWEGIAN AIR SHUTTLE ASA: årsregnskap 2023 vs 2022
Shrank 100% on revenue, slipped into loss
approved 2024-04-16; registry 2024-06-27; journal 2024 504159
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for NORWEGIAN AIR SHUTTLE ASA. Revenue 551.00m NOK → 822.0k NOK (-99.9%). Net result +62.00m NOK → -400.00m NOK. Equity 11.54bn NOK → 11.02bn NOK.
On the constructive side: cash rose; owners injected capital. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for NORWEGIAN AIR SHUTTLE ASA.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 7.30bn NOK → 9.17bn NOK (+25.6% YoY). Calculated
-
↑
Owners injected capital
Paid-in equity rose 26.28bn NOK → 26.58bn NOK (+300.00m NOK). Reported fact
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 551.00m NOK to 822.0k NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result -306.00m NOK → -1.21bn NOK (op. margin -55.5% → -147445.3%). Calculated
-
↓
Fell into a net loss
Net result flipped from 62.00m NOK profit to a loss of 400.00m NOK. Calculated
-
↓
Equity eroded
Book equity 11.54bn NOK → 11.02bn NOK (equity ratio 42.9% → 39.3%). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 12.80bn NOK → 40 NOK (-100.0% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 6.86bn NOK → 6.55bn NOK. Reported fact