Org.nr 917 371 768 2022 → 2023 Year-over-year analysis

AEJ EIENDOM AS: årsregnskap 2023 vs 2022

Grew 108091% on revenue, weaker earnings, cash halved-plus

approved 2024-08-14; registry 2024-08-27; journal 2024 731961

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AEJ EIENDOM AS. Revenue 1 804 NOK → 1.95m NOK (+108090.9%). Net result -350.7k NOK → -2.01m NOK. Equity 451.9k NOK → -1.55m 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; book investments changed. All figures are taken from the published annual accounts for AEJ EIENDOM AS.

Scorecard

Revenue
1 804 NOK 1.95m NOK
+108090.9%
Operating result
+178.0k NOK +45.8k NOK
-74.3%
Net result
-350.7k NOK -2.01m NOK
-472.1%
Equity
451.9k NOK -1.55m NOK
-443.9%
Cash
120.5k NOK 2 196 NOK
-98.2%
Total assets
58.23m NOK 52.38m NOK
-10.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1 804 NOK to 1.95m NOK (+108090.9% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.40× → 1.19×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +178.0k NOK → +45.8k NOK (op. margin 9864.4% → 2.3%). Calculated

  • ↓

    Net result weakened

    Net result -350.7k NOK → -2.01m NOK (net margin -19437.4% → -102.8%). Calculated

  • ↓

    Equity eroded

    Book equity 451.9k NOK → -1.55m NOK (equity ratio 0.8% → -3.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 120.5k NOK → 2 196 NOK (-98.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -3.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 18.0k NOK → 0 NOK. Reported fact