Org.nr 925 949 205 2022 → 2023 Year-over-year analysis

AJ SOLUTION AS: årsregnskap 2023 vs 2022

Shrank 38% on revenue, returned to profit, cash halved-plus

approved 2025-03-13; registry 2025-03-17; journal 2025 334771

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJ SOLUTION AS. Revenue 469.5k NOK → 290.9k NOK (-38.0%). Net result -34.1k NOK → +192.6k NOK. Equity 522.2k NOK → 726.4k NOK.

On the constructive side: turned profitable; equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; cash fell.

Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AJ SOLUTION AS.

Scorecard

Revenue
469.5k NOK 290.9k NOK
-38.0%
Operating result
+263.8k NOK +206.6k NOK
-21.7%
Net result
-34.1k NOK +192.6k NOK
+664.4%
Equity
522.2k NOK 726.4k NOK
+39.1%
Cash
614.4k NOK 246.5k NOK
-59.9%
Total assets
701.6k NOK 791.2k NOK
+12.8%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 34.1k NOK to a profit of 192.6k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 522.2k NOK → 726.4k NOK (equity ratio 74.4% → 91.8%). Calculated

  • ↑

    Payroll decreased

    Salary cost 93.3k NOK → 0 NOK (20% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 469.5k NOK to 290.9k NOK (-38.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +263.8k NOK → +206.6k NOK (op. margin 56.2% → 71.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 614.4k NOK → 246.5k NOK (-59.9% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 30.0k NOK → 24.4k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 81.5k NOK → 0 NOK (-100.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 25.0k NOK → 212.5k NOK. Reported fact