Org.nr 999 361 420 2022 → 2023 Year-over-year analysis

AJ MASKIN AS: årsregnskap 2023 vs 2022

Shrank 60% on revenue

registry 2024-05-02; journal 2024 385903

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJ MASKIN AS. Revenue 168.1k NOK → 66.9k NOK (-60.2%). Equity -24.9k NOK → -49.0k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

Scorecard

Revenue
168.1k NOK 66.9k NOK
-60.2%
Operating result
+8 575 NOK -26.0k NOK
-403.8%
Net result
+10.4k NOK n/m
—
Equity
-24.9k NOK -49.0k NOK
-97.2%
Cash
83.1k NOK 45.6k NOK
-45.2%
Total assets
92.0k NOK 81.5k NOK
-11.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 168.1k NOK to 66.9k NOK (-60.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8 575 NOK → -26.0k NOK (op. margin 5.1% → -38.9%). Calculated

  • ↓

    Equity eroded

    Book equity -24.9k NOK → -49.0k NOK (equity ratio -27.0% → -60.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 83.1k NOK → 45.6k NOK (-45.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -60.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 69.1k NOK → 46.2k NOK (-33.1% YoY). Calculated