Org.nr 920 822 940 2022 → 2023 Year-over-year analysis

A OG J HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings, cash halved-plus

registry 2024-06-27; journal 2024 552253

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for A OG J HOLDING AS. Net result -29.2k NOK → -545.1k NOK. Equity -2.07m NOK → -2.62m NOK.

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

Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for A OG J HOLDING AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-29.2k NOK -5 123 NOK
+82.5%
Net result
-29.2k NOK -545.1k NOK
-1767.4%
Equity
-2.07m NOK -2.62m NOK
-26.3%
Cash
6 298 NOK 6 NOK
-99.9%
Total assets
945.1k NOK 400.0k NOK
-57.7%

What improved

  • ↑

    Operating result improved

    Operating result -29.2k NOK → -5 123 NOK. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -29.2k NOK → -545.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -2.07m NOK → -2.62m NOK (equity ratio -219.4% → -654.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 6 298 NOK → 6 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 6.25× → 0.28× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -654.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Paid-in equity reduced

    Paid-in equity fell 858.1k NOK → 40.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 4.94m NOK → 400.0k NOK. Reported fact

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0.01 → 0. Reported fact