FirmaIQ
Org.nr 976 850 327 2017 → 2018 Year-over-year analysis

A.J. DESIGN AS: årsregnskap 2018 vs 2017

Mixed movements in the accounts

approved 2019-06-30; registry 2019-08-03; journal 2019 852219

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2018 with 2017 for A.J. DESIGN AS. Revenue 577.7k NOK → 576.3k NOK (-0.2%). Equity 512.0k NOK → 674.8k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; payroll up without matching revenue.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A.J. DESIGN AS.

At a glance

Scorecard

Revenue
577.7k NOK 576.3k NOK
-0.2%
Equity
512.0k NOK 674.8k NOK
+31.8%
Cash
45.2k NOK 317.2k NOK
+602.2%
Total assets
1.05m NOK n/m
—

What improved

  • ↑

    Equity strengthened

    Book equity 512.0k NOK → 674.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 45.2k NOK → 317.2k NOK (+602.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.26× → 2.01×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 577.7k NOK to 576.3k NOK (-0.2% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 577.4k NOK → 632.7k NOK (100% → 110% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 63.0k NOK → 3 000 NOK. Reported fact