FirmaIQ
Org.nr 997 505 646 2022 → 2023 Year-over-year analysis

AJ OFFSHORE AS: årsregnskap 2023 vs 2022

Weaker earnings

approved 2024-06-17; registry 2024-06-20; journal 2024 525255

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AJ OFFSHORE AS. Revenue 2.64m NOK → 2.73m NOK (+3.3%). Net result +425.9k NOK → +29.8k NOK. Equity 4.24m NOK → 4.47m NOK.

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

Also worth watching: payroll increased. All figures are taken from the published annual accounts for AJ OFFSHORE AS.

At a glance

Scorecard

Revenue
2.64m NOK 2.73m NOK
+3.3%
Operating result
+836.7k NOK +868.1k NOK
+3.8%
Net result
+425.9k NOK +29.8k NOK
-93.0%
Equity
4.24m NOK 4.47m NOK
+5.4%
Cash
2.30m NOK 1.80m NOK
-21.8%
Total assets
4.63m NOK 5.17m NOK
+11.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.64m NOK to 2.73m NOK (+3.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +836.7k NOK → +868.1k NOK (op. margin 31.7% → 31.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.24m NOK → 4.47m NOK (equity ratio 91.4% → 86.4%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +425.9k NOK → +29.8k NOK (net margin 16.1% → 1.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.30m NOK → 1.80m NOK (-21.8% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.32m NOK → 1.34m NOK (50% → 49% of revenue). Calculated