A.J. DESIGN AS: årsregnskap 2023 vs 2022
Grew 328% on revenue, weaker earnings, cash halved-plus
approved 2024-06-11; registry 2024-06-15; journal 2024 508986
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A.J. DESIGN AS. Revenue 535.4k NOK → 2.29m NOK (+328.1%). Net result -139.8k NOK → -576.6k NOK. Equity 251.4k NOK → -372.0k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.J. DESIGN AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 535.4k NOK to 2.29m NOK (+328.1% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.41× → 86.32×. Calculated
What deteriorated
-
↓
Operating result weakened
Operating result -140.2k NOK → -272.5k NOK (op. margin -26.2% → -11.9%). Calculated
-
↓
Net result weakened
Net result -139.8k NOK → -576.6k NOK (net margin -26.1% → -25.2%). Calculated
-
↓
Equity eroded
Book equity 251.4k NOK → -372.0k NOK (equity ratio 28.8% → -119.5%). Calculated
-
↓
Cash fell
Bank deposits 146.9k NOK → 180 NOK (-99.9% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -119.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 625.9k NOK → 9 561 NOK (-98.5% YoY). Calculated
-
·
Headcount (årsverk) changed
Reported FTEs 4 → 5. Reported fact