Org.nr 976 850 327 2023 → 2024 Year-over-year analysis

A.J. DESIGN AS: årsregnskap 2024 vs 2023

Weaker earnings

approved 2025-04-30; registry 2025-05-31; journal 2025 486435

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for A.J. DESIGN AS. Revenue 2.29m NOK → 2.27m NOK (-0.8%). Net result -576.6k NOK → -787.5k NOK. Equity -372.0k NOK → -1.16m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for A.J. DESIGN AS.

Scorecard

Revenue
2.29m NOK 2.27m NOK
-0.8%
Operating result
-272.5k NOK -946.7k NOK
-247.4%
Net result
-576.6k NOK -787.5k NOK
-36.6%
Equity
-372.0k NOK -1.16m NOK
-211.7%
Cash
180 NOK 14.5k NOK
+7951.7%
Total assets
311.4k NOK 631.4k NOK
+102.7%

What improved

  • ↑

    Cash rose

    Bank deposits 180 NOK → 14.5k NOK (+7951.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.29m NOK to 2.27m NOK (-0.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -272.5k NOK → -946.7k NOK (op. margin -11.9% → -41.7%). Calculated

  • ↓

    Net result weakened

    Net result -576.6k NOK → -787.5k NOK (net margin -25.2% → -34.7%). Calculated

  • ↓

    Equity eroded

    Book equity -372.0k NOK → -1.16m NOK (equity ratio -119.5% → -183.6%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 86.32× → 0.20× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -183.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 6. Reported fact