Org.nr 992 034 459 2022 → 2023 Year-over-year analysis

AJOD HOLDING AS: årsregnskap 2023 vs 2022

Returned to profit, cash halved-plus

registry 2024-05-02; journal 2024 387638

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2023 with 2022 for AJOD HOLDING AS. Net result -82.6k NOK → +9.22m NOK. Equity 3.08m NOK → 3.21m NOK.

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

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AJOD HOLDING AS.

Scorecard

Revenue
0 NOK n/m
—
Operating result
-34.2k NOK -31.7k NOK
+7.3%
Net result
-82.6k NOK +9.22m NOK
+11262.0%
Equity
3.08m NOK 3.21m NOK
+4.0%
Cash
2.58m NOK 29.2k NOK
-98.9%
Total assets
3.58m NOK 3.31m NOK
-7.7%

What improved

  • ↑

    Operating result improved

    Operating result -34.2k NOK → -31.7k NOK. Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 82.6k NOK to a profit of 9.22m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 3.21m NOK (equity ratio 86.0% → 96.9%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 2.58m NOK → 29.2k NOK (-98.9% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (2.58m NOK → 29.2k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation