Org.nr 914 717 914 2021 → 2022 Year-over-year analysis

AITECH AS: årsregnskap 2022 vs 2021

Shrank 8% on revenue, returned to profit

approved 2023-07-28; registry 2023-07-31; journal 2023 672603

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AITECH AS. Revenue 94.8k NOK → 87.6k NOK (-7.6%). Net result -38.2k NOK → +30.7k NOK. Equity -18.6k NOK → 12.1k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AITECH AS.

Scorecard

Revenue
94.8k NOK 87.6k NOK
-7.6%
Operating result
-54.8k NOK +30.9k NOK
+156.5%
Net result
-38.2k NOK +30.7k NOK
+180.5%
Equity
-18.6k NOK 12.1k NOK
+165.1%
Cash
35.9k NOK 82.2k NOK
+129.3%
Total assets
34.9k NOK 104.1k NOK
+198.4%

What improved

  • ↑

    Operating result improved

    Operating result -54.8k NOK → +30.9k NOK (op. margin -57.8% → 35.3%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 38.2k NOK to a profit of 30.7k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -18.6k NOK → 12.1k NOK (equity ratio -53.3% → 11.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 35.9k NOK → 82.2k NOK (+129.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 1.13×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 94.8k NOK to 87.6k NOK (-7.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 24.3k NOK → 19.3k NOK (-20.8% YoY). Calculated