Org.nr 989 766 805 2022 → 2023 Year-over-year analysis

AJ EIENDOMSUTVIKLING AS: årsregnskap 2023 vs 2022

Shrank 77% on revenue, returned to profit, cash halved-plus

approved 2024-06-26; registry 2024-06-29; journal 2024 571968

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJ EIENDOMSUTVIKLING AS. Revenue 291.8k NOK → 66.6k NOK (-77.2%). Net result -1.12m NOK → +769.3k NOK. Equity 5.05m NOK → 5.82m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
291.8k NOK 66.6k NOK
-77.2%
Operating result
-185.0k NOK +677.7k NOK
+466.3%
Net result
-1.12m NOK +769.3k NOK
+168.4%
Equity
5.05m NOK 5.82m NOK
+15.2%
Cash
87.8k NOK 219 NOK
-99.8%
Total assets
9.17m NOK 7.93m NOK
-13.5%

What improved

  • ↑

    Operating result improved

    Operating result -185.0k NOK → +677.7k NOK (op. margin -63.4% → 1017.8%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.12m NOK to a profit of 769.3k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 5.05m NOK → 5.82m NOK (equity ratio 55.1% → 73.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 291.8k NOK to 66.6k NOK (-77.2% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 87.8k NOK → 219 NOK (-99.8% YoY). Calculated