Org.nr 999 361 420 2023 → 2024 Year-over-year analysis

AJ MASKIN AS: årsregnskap 2024 vs 2023

Grew 7% on revenue

registry 2025-05-27; journal 2025 476257

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AJ MASKIN AS. Revenue 66.9k NOK → 71.6k NOK (+6.9%). Equity -49.0k NOK → -65.7k NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
66.9k NOK 71.6k NOK
+6.9%
Operating result
-26.0k NOK -18.6k NOK
+28.7%
Equity
-49.0k NOK -65.7k NOK
-33.9%
Cash
45.6k NOK 33.5k NOK
-26.4%
Total assets
81.5k NOK 63.2k NOK
-22.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 66.9k NOK to 71.6k NOK (+6.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -26.0k NOK → -18.6k NOK (op. margin -38.9% → -25.9%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -49.0k NOK → -65.7k NOK (equity ratio -60.1% → -103.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 45.6k NOK → 33.5k NOK (-26.4% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -103.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 46.2k NOK → 26.2k NOK (-43.3% YoY). Calculated