Org.nr 929 125 916 2022 → 2023 Year-over-year analysis

AIX STUDIO AS: årsregnskap 2023 vs 2022

Grew 92% on revenue, stronger earnings

approved 2024-05-31; registry 2024-06-03; journal 2024 476749

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIX STUDIO AS. Revenue 478.0k NOK → 916.0k NOK (+91.6%). Net result -393.8k NOK → -166.2k NOK. Equity -93.8k NOK → -260.0k NOK.

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

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AIX STUDIO AS.

Scorecard

Revenue
478.0k NOK 916.0k NOK
+91.6%
Operating result
-395.0k NOK -160.6k NOK
+59.3%
Net result
-393.8k NOK -166.2k NOK
+57.8%
Equity
-93.8k NOK -260.0k NOK
-177.2%
Cash
63.6k NOK 115.8k NOK
+82.2%
Total assets
506.0k NOK 622.2k NOK
+23.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 478.0k NOK to 916.0k NOK (+91.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -395.0k NOK → -160.6k NOK (op. margin -82.6% → -17.5%). Calculated

  • ↑

    Net result improved

    Net result -393.8k NOK → -166.2k NOK (net margin -82.4% → -18.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 63.6k NOK → 115.8k NOK (+82.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio -2353.58× → 19.33×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -93.8k NOK → -260.0k NOK (equity ratio -18.5% → -41.8%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -41.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 616.5k NOK → 507.3k NOK (-17.7% YoY). Calculated