Org.nr 924 403 969 2021 → 2022 Year-over-year analysis

AIT AS: årsregnskap 2022 vs 2021

Grew 1095% on revenue, weaker earnings

registry 2023-06-15; journal 2023 488651

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AIT AS. Revenue 60.0k NOK → 717.3k NOK (+1095.4%). Net result -11.5k NOK → -23.1k NOK. Equity 204.1k NOK → 182.1k NOK.

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

Also worth watching: paid-in equity reduced; cogs moved. All figures are taken from the published annual accounts for AIT AS.

Scorecard

Revenue
60.0k NOK 717.3k NOK
+1095.4%
Operating result
-14.8k NOK -23.1k NOK
-56.2%
Net result
-11.5k NOK -23.1k NOK
-100.9%
Equity
204.1k NOK 182.1k NOK
-10.8%
Cash
5 264 NOK 95.9k NOK
+1722.7%
Total assets
220.3k NOK 98.4k NOK
-55.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 60.0k NOK to 717.3k NOK (+1095.4% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 5 264 NOK → 95.9k NOK (+1722.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -14.8k NOK → -23.1k NOK (op. margin -24.6% → -3.2%). Calculated

  • ↓

    Net result weakened

    Net result -11.5k NOK → -23.1k NOK (net margin -19.2% → -3.2%). Calculated

  • ↓

    Equity eroded

    Book equity 204.1k NOK → 182.1k NOK (equity ratio 92.7% → 185.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 13.64× → 0.38× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 215.6k NOK → 200.0k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 13.6k NOK → 381.8k NOK (+2715.0% YoY). Calculated