AI PROPERTY AS: årsregnskap 2022 vs 2021
Grew 1568% on revenue, weaker earnings
approved 2023-03-25; registry 2023-04-11; journal 2023 349562
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AI PROPERTY AS. Revenue 15.0k NOK → 250.2k NOK (+1567.9%). Net result -267.0k NOK → -334.4k NOK. Equity 627.4k NOK → 293.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AI PROPERTY AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 15.0k NOK to 250.2k NOK (+1567.9% YoY). Calculated
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Operating result improved
Operating result -206.4k NOK → -172.7k NOK (op. margin -1376.1% → -69.0%). Calculated
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Cash rose
Bank deposits 11.4k NOK → 33.3k NOK (+192.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result -267.0k NOK → -334.4k NOK (net margin -1780.0% → -133.6%). Calculated
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↓
Equity eroded
Book equity 627.4k NOK → 293.0k NOK (equity ratio 23.2% → 6.8%). Calculated
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Current ratio dropped below 1×
Current ratio 2.60× → 0.64× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 6.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation