Org.nr 919 510 773 2022 → 2023 Year-over-year analysis

AION AS: årsregnskap 2023 vs 2022

Shrank 60% on revenue, cash halved-plus

approved 2024-06-27; registry 2024-09-19; journal 2024 748166

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AION AS. Revenue 24.04m NOK → 9.70m NOK (-59.7%). Net result -23.02m NOK → -18.73m NOK. Equity -36.09m NOK → -54.82m NOK.

On the constructive side: operating result improved; net result improved. Pressures included: revenue fell; equity eroded; cash fell.

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

Scorecard

Revenue
24.04m NOK 9.70m NOK
-59.7%
Operating result
-18.70m NOK -12.60m NOK
+32.6%
Net result
-23.02m NOK -18.73m NOK
+18.6%
Equity
-36.09m NOK -54.82m NOK
-51.9%
Cash
21.01m NOK 9.12m NOK
-56.6%
Total assets
48.12m NOK 42.25m NOK
-12.2%

What improved

  • ↑

    Operating result improved

    Operating result -18.70m NOK → -12.60m NOK (op. margin -77.8% → -130.0%). Calculated

  • ↑

    Net result improved

    Net result -23.02m NOK → -18.73m NOK (net margin -95.7% → -193.2%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.04m NOK to 9.70m NOK (-59.7% YoY). Calculated

  • ↓

    Equity eroded

    Book equity -36.09m NOK → -54.82m NOK (equity ratio -75.0% → -129.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 21.01m NOK → 9.12m NOK (-56.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -129.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 492.9k NOK → 8 NOK. Reported fact