A.J. DESIGN AS: årsregnskap 2022 vs 2021
Shrank 12% on revenue, slipped into loss
approved 2023-07-01; registry 2023-08-28; journal 2023 718464
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for A.J. DESIGN AS. Revenue 609.2k NOK → 535.4k NOK (-12.1%). Net result +72.3k NOK → -139.8k NOK. Equity 391.2k NOK → 251.4k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 10.8k NOK → 146.9k NOK (+1254.0% YoY). Calculated
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↑
Payroll decreased
Salary cost 394.7k NOK → 1 148 NOK (65% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 609.2k NOK to 535.4k NOK (-12.1% YoY). Calculated
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↓
Operating result weakened
Operating result +92.8k NOK → -140.2k NOK (op. margin 15.2% → -26.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 72.3k NOK profit to a loss of 139.8k NOK. Calculated
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↓
Equity eroded
Book equity 391.2k NOK → 251.4k NOK (equity ratio 53.9% → 28.8%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.15× → 0.41× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated