FirmaIQ
Org.nr 922 037 922 2021 → 2022 Year-over-year analysis

AHJ EUROPE AS: årsregnskap 2022 vs 2021

Shrank 9% on revenue, slipped into loss

approved 2023-06-07; registry 2023-06-27; journal 2023 513923

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2022 with 2021 for AHJ EUROPE AS. Revenue 59.77m NOK → 54.54m NOK (-8.8%). Net result +5.57m NOK → -2.35m NOK. Equity 1.36m NOK → -984.2k NOK.

Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AHJ EUROPE AS.

At a glance

Scorecard

Revenue
59.77m NOK 54.54m NOK
-8.8%
Operating result
+8.13m NOK -1.81m NOK
-122.3%
Net result
+5.57m NOK -2.35m NOK
-142.2%
Equity
1.36m NOK -984.2k NOK
-172.2%
Cash
16.31m NOK 9.77m NOK
-40.1%
Total assets
26.92m NOK 20.89m NOK
-22.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 59.77m NOK to 54.54m NOK (-8.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8.13m NOK → -1.81m NOK (op. margin 13.6% → -3.3%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 5.57m NOK profit to a loss of 2.35m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.36m NOK → -984.2k NOK (equity ratio 5.1% → -4.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 16.31m NOK → 9.77m NOK (-40.1% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -4.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 530.3k NOK → 591.8k NOK. Reported fact