Org.nr 953 081 202 2021 → 2022 Year-over-year analysis

A JØRGENSEN AS: årsregnskap 2022 vs 2021

Shrank 95% on revenue, cash halved-plus

approved 2023-07-17; registry 2023-08-01; journal 2023 632655

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for A JØRGENSEN AS. Revenue 465.4k NOK → 21.9k NOK (-95.3%). Net result -23.5k NOK → -22.0k NOK. Equity 417.4k NOK → 395.4k NOK.

On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: headcount (årsverk) changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.

Scorecard

Revenue
465.4k NOK 21.9k NOK
-95.3%
Operating result
-30.1k NOK -28.2k NOK
+6.4%
Net result
-23.5k NOK -22.0k NOK
+6.4%
Equity
417.4k NOK 395.4k NOK
-5.3%
Cash
120.2k NOK 4 069 NOK
-96.6%
Total assets
501.8k NOK 395.4k NOK
-21.2%

What improved

  • ↑

    Operating result improved

    Operating result -30.1k NOK → -28.2k NOK (op. margin -6.5% → -128.6%). Calculated

  • ↑

    Net result improved

    Net result -23.5k NOK → -22.0k NOK (net margin -5.0% → -100.3%). Calculated

  • ↑

    Payroll decreased

    Salary cost 405.7k NOK → 2 NOK (87% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 465.4k NOK to 21.9k NOK (-95.3% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 417.4k NOK → 395.4k NOK (equity ratio 83.2% → 100.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.2k NOK → 4 069 NOK (-96.6% YoY). Calculated

Things to notice

  • ·

    Headcount (årsverk) changed

    Reported FTEs 1 → 0. Reported fact