AJAX FORLAG AS: årsregnskap 2023 vs 2022
Shrank 45% on revenue, slipped into loss, cash halved-plus
approved 2024-05-08; registry 2024-05-23; journal 2024 430184
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AJAX FORLAG AS. Revenue 1.31m NOK → 712.3k NOK (-45.5%). Net result +14.5k NOK → -179.3k NOK. Equity 231.3k NOK → 52.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJAX FORLAG AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 404.8k NOK → 251.7k NOK (31% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.31m NOK to 712.3k NOK (-45.5% YoY). Calculated
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↓
Operating result weakened
Operating result +28.5k NOK → -151.5k NOK (op. margin 2.2% → -21.3%). Calculated
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↓
Fell into a net loss
Net result flipped from 14.5k NOK profit to a loss of 179.3k NOK. Calculated
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↓
Equity eroded
Book equity 231.3k NOK → 52.0k NOK (equity ratio 21.0% → 4.0%). Calculated
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↓
Cash fell
Bank deposits 14.8k NOK → -182.6k NOK (-1334.2% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 503.3k NOK → 251.8k NOK (-50.0% YoY). Calculated