AIF PROFIL AS: årsregnskap 2022 vs 2021
Shrank 58% on revenue, slipped into loss
approved 2023-02-01; registry 2023-02-09; journal 2023 305440
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AIF PROFIL AS. Revenue 221.6k NOK → 92.7k NOK (-58.2%). Net result +26.7k NOK → -7 255 NOK. Equity -98.0k NOK → -105.3k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIF PROFIL AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.43× → 6.91×. Calculated
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↑
Payroll decreased
Salary cost 21.4k NOK → 0 NOK (10% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 221.6k NOK to 92.7k NOK (-58.2% YoY). Calculated
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↓
Operating result weakened
Operating result +27.6k NOK → +1 136 NOK (op. margin 12.5% → 1.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.7k NOK profit to a loss of 7 255 NOK. Calculated
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↓
Equity eroded
Book equity -98.0k NOK → -105.3k NOK (equity ratio -90.6% → -94.5%). Calculated
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↓
Cash fell
Bank deposits 89.3k NOK → 84.8k NOK (-5.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -94.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 93.5k NOK → 55.2k NOK (-41.0% YoY). Calculated