AJ BYGG AS: årsregnskap 2023 vs 2022
Shrank 92% on revenue, slipped into loss, cash halved-plus
approved 2024-07-09; registry 2024-07-11; journal 2024 628412
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AJ BYGG AS. Revenue 980.0k NOK → 82.6k NOK (-91.6%). Net result +26.1k NOK → -173.1k NOK. Equity -648.3k NOK → -821.4k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ BYGG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 2.84m NOK → 2.58m NOK (290% → 3118% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 980.0k NOK to 82.6k NOK (-91.6% YoY). Calculated
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↓
Operating result weakened
Operating result +34.4k NOK → -165.2k NOK (op. margin 3.5% → -199.9%). Calculated
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↓
Fell into a net loss
Net result flipped from 26.1k NOK profit to a loss of 173.1k NOK. Calculated
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↓
Equity eroded
Book equity -648.3k NOK → -821.4k NOK (equity ratio -30.4% → -41.3%). Calculated
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↓
Cash fell
Bank deposits 338.5k NOK → 29.7k NOK (-91.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -41.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation