Org.nr 925 610 968 2022 → 2023 Year-over-year analysis

AJABU AS: årsregnskap 2023 vs 2022

Grew 51% on revenue, weaker earnings

registry 2024-08-01; journal 2024 695509

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJABU AS. Revenue 13.10m NOK → 19.82m NOK (+51.3%). Net result +909.7k NOK → +438.5k NOK. Equity 5.11m NOK → 351.7k NOK.

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

Also worth watching: thin equity buffer; headcount (årsverk) changed. All figures are taken from the published annual accounts for AJABU AS.

Scorecard

Revenue
13.10m NOK 19.82m NOK
+51.3%
Operating result
+1 168 NOK +1.85m NOK
+158044.8%
Net result
+909.7k NOK +438.5k NOK
-51.8%
Equity
5.11m NOK 351.7k NOK
-93.1%
Cash
1.78m NOK 2.44m NOK
+36.8%
Total assets
4.70m NOK 6.90m NOK
+46.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 13.10m NOK to 19.82m NOK (+51.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1 168 NOK → +1.85m NOK (op. margin 0.0% → 9.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.78m NOK → 2.44m NOK (+36.8% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +909.7k NOK → +438.5k NOK (net margin 6.9% → 2.2%). Calculated

  • ↓

    Equity eroded

    Book equity 5.11m NOK → 351.7k NOK (equity ratio 108.7% → 5.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 5.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Headcount (årsverk) changed

    Reported FTEs 6 → 7. Reported fact