AJ SERVICE AS: årsregnskap 2022 vs 2021
Shrank 59% on revenue, returned to profit
approved 2023-06-12; registry 2023-06-24; journal 2023 488644
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AJ SERVICE AS. Revenue 613.1k NOK → 253.5k NOK (-58.6%). Net result -365.5k NOK → +110.5k NOK. Equity 584.5k NOK → 895.0k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; current ratio dropped below 1×.
Also worth watching: paid-in equity reduced; headcount (årsverk) changed. All figures are taken from the published annual accounts for AJ SERVICE AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -431.1k NOK → +105.9k NOK (op. margin -70.3% → 41.8%). Calculated
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Turned profitable
Net result flipped from a loss of 365.5k NOK to a profit of 110.5k NOK. Calculated
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Equity strengthened
Book equity 584.5k NOK → 895.0k NOK (equity ratio 71.7% → 44.1%). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 613.1k NOK to 253.5k NOK (-58.6% YoY). Calculated
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Cash fell
Bank deposits 746.8k NOK → 669.0k NOK (-10.4% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 3.26× → 0.18× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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Payroll up without matching revenue
Salary cost 558.4k NOK → 870.6k NOK (91% → 343% of revenue). Calculated
Things to notice
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Paid-in equity reduced
Paid-in equity fell 100.0k NOK → 300 NOK — check capital reduction, conversion, or reclassification. Interpretation
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Headcount (årsverk) changed
Reported FTEs 1 → 3. Reported fact