Org.nr 924 403 969 2022 → 2023 Year-over-year analysis

AIT AS: årsregnskap 2023 vs 2022

Shrank 15% on revenue, weaker earnings

registry 2024-05-15; journal 2024 414519

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIT AS. Revenue 717.3k NOK → 612.5k NOK (-14.6%). Net result -23.1k NOK → -916.4k NOK. Equity 182.1k NOK → 200 NOK.

On the constructive side: cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
717.3k NOK 612.5k NOK
-14.6%
Operating result
-23.1k NOK -841.7k NOK
-3548.9%
Net result
-23.1k NOK -916.4k NOK
-3863.5%
Equity
182.1k NOK 200 NOK
-99.9%
Cash
95.9k NOK 548.5k NOK
+471.7%
Total assets
98.4k NOK 2.37m NOK
+2310.4%

What improved

  • ↑

    Cash rose

    Bank deposits 95.9k NOK → 548.5k NOK (+471.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.38× → 3.60×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 717.3k NOK to 612.5k NOK (-14.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result -23.1k NOK → -841.7k NOK (op. margin -3.2% → -137.4%). Calculated

  • ↓

    Net result weakened

    Net result -23.1k NOK → -916.4k NOK (net margin -3.2% → -149.6%). Calculated

  • ↓

    Equity eroded

    Book equity 182.1k NOK → 200 NOK (equity ratio 185.0% → 0.0%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 0 NOK → 1.00m NOK (0% → 164% of revenue). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 0 → 1.7. Reported fact