Org.nr 989 586 432 2023 → 2024 Year-over-year analysis

AJAX FORLAG AS: årsregnskap 2024 vs 2023

Shrank 14% on revenue, returned to profit

approved 2025-03-17; registry 2025-06-21; journal 2025 559492

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2024 with 2023 for AJAX FORLAG AS. Revenue 712.3k NOK → 613.0k NOK (-13.9%). Net result -179.3k NOK → +103.0k NOK. Equity 52.0k NOK → 4.15m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJAX FORLAG AS.

Scorecard

Revenue
712.3k NOK 613.0k NOK
-13.9%
Operating result
-151.5k NOK +139.1k NOK
+191.8%
Net result
-179.3k NOK +103.0k NOK
+157.4%
Equity
52.0k NOK 4.15m NOK
+7895.9%
Cash
-182.6k NOK -16.3k NOK
+91.1%
Total assets
1.31m NOK 883.8k NOK
-32.3%

What improved

  • ↑

    Operating result improved

    Operating result -151.5k NOK → +139.1k NOK (op. margin -21.3% → 22.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 179.3k NOK to a profit of 103.0k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 52.0k NOK → 4.15m NOK (equity ratio 4.0% → 470.1%). Calculated

  • ↑

    Cash rose

    Bank deposits -182.6k NOK → -16.3k NOK (+91.1% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 251.7k NOK → 151.5k NOK (35% → 25% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 712.3k NOK to 613.0k NOK (-13.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.34× → 0.96× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 251.8k NOK → 193.4k NOK (-23.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 625 NOK → 180.0k NOK. Reported fact