Org.nr 941 160 883 2022 → 2023 Year-over-year analysis

AJO MASKIN AS: årsregnskap 2023 vs 2022

Shrank 17% on revenue

approved 2024-04-25; registry 2024-05-04; journal 2024 391090

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJO MASKIN AS. Revenue 588.3k NOK → 485.7k NOK (-17.4%). Net result +41.2k NOK → +38.3k NOK. Equity 2.24m NOK → 2.27m NOK.

On the constructive side: equity strengthened; cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

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

Scorecard

Revenue
588.3k NOK 485.7k NOK
-17.4%
Operating result
+43.9k NOK -25.3k NOK
-157.5%
Net result
+41.2k NOK +38.3k NOK
-7.0%
Equity
2.24m NOK 2.27m NOK
+1.7%
Cash
33.1k NOK 1.78m NOK
+5273.7%
Total assets
2.35m NOK 2.37m NOK
+0.9%

What improved

  • ↑

    Equity strengthened

    Book equity 2.24m NOK → 2.27m NOK (equity ratio 95.3% → 96.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 33.1k NOK → 1.78m NOK (+5273.7% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 32.4k NOK → 23.8k NOK (6% → 5% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 588.3k NOK to 485.7k NOK (-17.4% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +43.9k NOK → -25.3k NOK (op. margin 7.5% → -5.2%). Calculated

  • ↓

    Net result weakened

    Net result +41.2k NOK → +38.3k NOK (net margin 7.0% → 7.9%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 3.72m NOK → 120.8k NOK. Reported fact