AJ BYGG OG EIENDOM AS: årsregnskap 2022 vs 2021
Shrank 26% on revenue, slipped into loss
approved 2023-04-08; registry 2023-04-12; journal 2023 349864
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AJ BYGG OG EIENDOM AS. Revenue 649.7k NOK → 482.4k NOK (-25.7%). Net result +6 989 NOK → -63.6k NOK. Equity 37.0k NOK → -26.6k 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; cogs fell. All figures are taken from the published annual accounts for AJ BYGG OG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 4.49m NOK → 4.39m NOK (691% → 910% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 649.7k NOK to 482.4k NOK (-25.7% YoY). Calculated
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↓
Operating result weakened
Operating result +8 960 NOK → -63.6k NOK (op. margin 1.4% → -13.2%). Calculated
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↓
Fell into a net loss
Net result flipped from 6 989 NOK profit to a loss of 63.6k NOK. Calculated
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↓
Equity eroded
Book equity 37.0k NOK → -26.6k NOK (equity ratio 22.1% → -23.6%). Calculated
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↓
Cash fell
Bank deposits 120.3k NOK → 77.3k NOK (-35.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -23.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 51.8k NOK → 34.3k NOK (-33.7% YoY). Calculated