A.J. DESIGN AS: årsregnskap 2019 vs 2018
Cash halved-plus
approved 2020-08-31; registry 2020-10-08; journal 2020 934236
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A.J. DESIGN AS. Revenue 576.3k NOK → 576.1k NOK (-0.0%). Equity 674.8k NOK → 511.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 632.7k NOK → 577.3k NOK (110% → 100% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 576.3k NOK to 576.1k NOK (-0.0% YoY). Calculated
-
↓
Equity eroded
Book equity 674.8k NOK → 511.9k NOK. Calculated
-
↓
Cash fell
Bank deposits 317.2k NOK → 52.5k NOK (-83.5% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 2.01× → 0.76× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated