Org.nr 922 197 792 2022 → 2023 Year-over-year analysis

AJ MOTOR AS: årsregnskap 2023 vs 2022

Shrank 60% on revenue, returned to profit

approved 2024-02-18; registry 2024-05-13; journal 2024 409420

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJ MOTOR AS. Revenue 645.9k NOK → 260.4k NOK (-59.7%). Net result -73.5k NOK → +4.17m NOK. Equity -197.4k NOK → -28.2k NOK.

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

Net constructive year on the published lines.

Scorecard

Revenue
645.9k NOK 260.4k NOK
-59.7%
Operating result
-51.0k NOK +197.9k NOK
+487.8%
Net result
-73.5k NOK +4.17m NOK
+5770.4%
Equity
-197.4k NOK -28.2k NOK
+85.7%
Cash
-198.1k NOK 24.6k NOK
+112.4%
Total assets
354.3k NOK n/m
—

What improved

  • ↑

    Operating result improved

    Operating result -51.0k NOK → +197.9k NOK (op. margin -7.9% → 76.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 73.5k NOK to a profit of 4.17m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -197.4k NOK → -28.2k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits -198.1k NOK → 24.6k NOK (+112.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.67× → 1.02×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 645.9k NOK to 260.4k NOK (-59.7% YoY). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 216.1k NOK → 500.0k NOK (+131.4% YoY). Calculated