Org.nr 997 427 912 2021 → 2022 Year-over-year analysis

AJI AS: årsregnskap 2022 vs 2021

Stronger earnings, cash halved-plus

approved 2023-07-13; registry 2023-07-24; journal 2023 637947

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2022 with 2021 for AJI AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -58.6k NOK → -33.3k NOK. Equity -159.5k NOK → -192.8k NOK.

On the constructive side: operating result improved; net result improved. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJI AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-58.6k NOK -33.3k NOK
+43.1%
Net result
-58.6k NOK -33.3k NOK
+43.1%
Equity
-159.5k NOK -192.8k NOK
-20.9%
Cash
46.7k NOK 637 NOK
-98.6%
Total assets
741.5k NOK 60.6k NOK
-91.8%

What improved

  • ↑

    Operating result improved

    Operating result -58.6k NOK → -33.3k NOK. Calculated

  • ↑

    Net result improved

    Net result -58.6k NOK → -33.3k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -159.5k NOK → -192.8k NOK (equity ratio -21.5% → -318.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 46.7k NOK → 637 NOK (-98.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 4.60× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -318.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation