AJO MASKIN AS: årsregnskap 2022 vs 2021
Shrank 5% on revenue, returned to profit, cash halved-plus
approved 2023-03-27; registry 2023-04-22; journal 2023 363723
Summary
What changed
Comparing Årsregnskap 2022 with 2021 for AJO MASKIN AS. Revenue 622.0k NOK → 588.3k NOK (-5.4%). Net result -8 473 NOK → +41.2k NOK. Equity 2.20m NOK → 2.24m NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJO MASKIN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -19.2k NOK → +43.9k NOK (op. margin -3.1% → 7.5%). Calculated
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Turned profitable
Net result flipped from a loss of 8 473 NOK to a profit of 41.2k NOK. Calculated
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Equity strengthened
Book equity 2.20m NOK → 2.24m NOK (equity ratio 90.2% → 95.3%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 622.0k NOK to 588.3k NOK (-5.4% YoY). Calculated
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Cash fell
Bank deposits 743.6k NOK → 33.1k NOK (-95.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 22.3k NOK → 32.4k NOK (4% → 6% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 105.6k NOK → 83.9k NOK (-20.6% YoY). Calculated