FirmaIQ
Org.nr 998 892 198 2022 → 2023 Year-over-year analysis

AJO OTTA AS: årsregnskap 2023 vs 2022

Grew 326% on revenue

approved 2024-08-11; registry 2024-08-13; journal 2024 726494

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for AJO OTTA AS. Revenue -191.2k NOK → 432.1k NOK (+326.0%). Net result -542.8k NOK → -630.9k NOK. Equity 1.68m NOK → 1.05m NOK.

On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
-191.2k NOK 432.1k NOK
+326.0%
Operating result
-524.6k NOK -387.6k NOK
+26.1%
Net result
-542.8k NOK -630.9k NOK
-16.2%
Equity
1.68m NOK 1.05m NOK
-37.6%
Cash
65.7k NOK 75.3k NOK
+14.6%
Total assets
6.24m NOK 15.09m NOK
+141.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from -191.2k NOK to 432.1k NOK (+326.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -524.6k NOK → -387.6k NOK (op. margin 274.4% → -89.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 65.7k NOK → 75.3k NOK (+14.6% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result -542.8k NOK → -630.9k NOK (net margin 283.9% → -146.0%). Calculated

  • ↓

    Equity eroded

    Book equity 1.68m NOK → 1.05m NOK (equity ratio 26.9% → 6.9%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 6.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation