Org.nr 925 200 611 2022 → 2023 Year-over-year analysis

AIZE HOLDING AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-19; registry 2024-07-15; journal 2024 627500

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AIZE HOLDING AS. Net result +9.22m NOK → +4.52m NOK. Equity 36.37m NOK → 27.14m NOK.

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

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

Scorecard

Operating result
-242.2k NOK -824.4k NOK
-240.4%
Net result
+9.22m NOK +4.52m NOK
-51.0%
Equity
36.37m NOK 27.14m NOK
-25.4%
Cash
4.52m NOK 6.64m NOK
+46.9%
Total assets
318.32m NOK 324.39m NOK
+1.9%

What improved

  • ↑

    Cash rose

    Bank deposits 4.52m NOK → 6.64m NOK (+46.9% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 46.31m NOK → 50.37m NOK (+4.06m NOK). Reported fact

What deteriorated

  • ↓

    Operating result weakened

    Operating result -242.2k NOK → -824.4k NOK. Calculated

  • ↓

    Net result weakened

    Net result +9.22m NOK → +4.52m NOK. Calculated

  • ↓

    Equity eroded

    Book equity 36.37m NOK → 27.14m NOK (equity ratio 11.4% → 8.4%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 290.90m NOK → 294.65m NOK. Reported fact