Org.nr 915 044 751 2023 → 2024 Year-over-year analysis

AJ BYGG AS: årsregnskap 2024 vs 2023

Grew 513% on revenue, weaker earnings

approved 2025-07-17; registry 2025-07-19; journal 2025 686426

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AJ BYGG AS. Revenue 82.6k NOK → 506.7k NOK (+513.1%). Net result -173.1k NOK → -596.8k NOK. Equity -821.4k NOK → -1.42m NOK.

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

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

Scorecard

Revenue
82.6k NOK 506.7k NOK
+513.1%
Operating result
-165.2k NOK -587.6k NOK
-255.6%
Net result
-173.1k NOK -596.8k NOK
-244.7%
Equity
-821.4k NOK -1.42m NOK
-72.7%
Cash
29.7k NOK 28.3k NOK
-4.9%
Total assets
1.99m NOK 1.45m NOK
-27.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 82.6k NOK to 506.7k NOK (+513.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.58m NOK → 2.32m NOK (3118% → 458% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -165.2k NOK → -587.6k NOK (op. margin -199.9% → -116.0%). Calculated

  • ↓

    Net result weakened

    Net result -173.1k NOK → -596.8k NOK (net margin -209.5% → -117.8%). Calculated

  • ↓

    Equity eroded

    Book equity -821.4k NOK → -1.42m NOK (equity ratio -41.3% → -97.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.7k NOK → 28.3k NOK (-4.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -97.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 450.5k NOK → 419.9k NOK (-6.8% YoY). Calculated