Org.nr 919 510 773 2021 → 2022 Year-over-year analysis

AION AS: årsregnskap 2022 vs 2021

Shrank 58% on revenue, weaker earnings

approved 2023-06-30; registry 2023-08-12; journal 2023 669635

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AION AS. Revenue 56.66m NOK → 24.04m NOK (-57.6%). Net result -12.91m NOK → -23.02m NOK. Equity -13.07m NOK → -36.09m NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: thin equity buffer; cogs fell; headcount (årsverk) changed. All figures are taken from the published annual accounts for AION AS.

Scorecard

Revenue
56.66m NOK 24.04m NOK
-57.6%
Operating result
-12.49m NOK -18.70m NOK
-49.7%
Net result
-12.91m NOK -23.02m NOK
-78.3%
Equity
-13.07m NOK -36.09m NOK
-176.1%
Cash
759.6k NOK 21.01m NOK
+2665.8%
Total assets
23.98m NOK 48.12m NOK
+100.7%

What improved

  • ↑

    Cash rose

    Bank deposits 759.6k NOK → 21.01m NOK (+2665.8% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 56.66m NOK to 24.04m NOK (-57.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -12.49m NOK → -18.70m NOK (op. margin -22.0% → -77.8%). Calculated

  • ↓

    Net result weakened

    Net result -12.91m NOK → -23.02m NOK (net margin -22.8% → -95.7%). Calculated

  • ↓

    Equity eroded

    Book equity -13.07m NOK → -36.09m NOK (equity ratio -54.5% → -75.0%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -75.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 51.90m NOK → 20.65m NOK (-60.2% YoY). Calculated

  • ·

    Headcount (årsverk) changed

    Reported FTEs 5 → 11. Reported fact