AJR EIENDOM AS: årsregnskap 2023 vs 2022
Shrank 100% on revenue, stronger earnings
approved 2024-06-30; registry 2024-08-01; journal 2024 692698
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for AJR EIENDOM AS. Revenue 480.0k NOK → 482 NOK (-99.9%). Net result +236.2k NOK → +375.2k NOK. Equity 2.09m NOK → 2.46m NOK.
On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJR EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Net result improved
Net result +236.2k NOK → +375.2k NOK (net margin 49.2% → 77837.3%). Calculated
-
↑
Equity strengthened
Book equity 2.09m NOK → 2.46m NOK (equity ratio 11.0% → 6.4%). Calculated
-
↑
Cash rose
Bank deposits 107.7k NOK → 739.2k NOK (+586.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.57× → 5.41×. Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 480.0k NOK to 482 NOK (-99.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +298.5k NOK → +233.4k NOK (op. margin 62.2% → 48423.4%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 6.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
Book investments changed
Investment / intangible book value 9.26m NOK → 14.33m NOK. Reported fact