Org.nr 988 744 301 2022 → 2023 Year-over-year analysis

AJB HOLDING AS: årsregnskap 2023 vs 2022

Grew 10% on revenue, returned to profit, cash halved-plus

approved 2024-06-28; registry 2024-07-02; journal 2024 584978

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJB HOLDING AS. Revenue 87.9k NOK → 96.9k NOK (+10.3%). Net result -1.10m NOK → +8.57m NOK. Equity 8.13m NOK → 8.16m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJB HOLDING AS.

Scorecard

Revenue
87.9k NOK 96.9k NOK
+10.3%
Operating result
-36.1k NOK +1 161 NOK
+103.2%
Net result
-1.10m NOK +8.57m NOK
+882.3%
Equity
8.13m NOK 8.16m NOK
+0.4%
Cash
597.2k NOK 98.0k NOK
-83.6%
Total assets
8.45m NOK 8.62m NOK
+2.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 87.9k NOK to 96.9k NOK (+10.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -36.1k NOK → +1 161 NOK (op. margin -41.0% → 1.2%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 1.10m NOK to a profit of 8.57m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 8.13m NOK → 8.16m NOK (equity ratio 96.2% → 94.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 597.2k NOK → 98.0k NOK (-83.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 6.93m NOK → 862.4k NOK. Reported fact