FirmaIQ
Org.nr 976 850 327 2019 → 2020 Year-over-year analysis

A.J. DESIGN AS: årsregnskap 2020 vs 2019

Shrank 38% on revenue, returned to profit

approved 2021-08-20; registry 2021-09-27; journal 2021 820553

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for A.J. DESIGN AS. Revenue 576.1k NOK → 354.6k NOK (-38.4%). Net result -162.9k NOK → +56.1k NOK. Equity 511.9k NOK → 568.0k NOK.

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

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
576.1k NOK 354.6k NOK
-38.4%
Operating result
-178.0k NOK +88.1k NOK
+149.5%
Net result
-162.9k NOK +56.1k NOK
+134.4%
Equity
511.9k NOK 568.0k NOK
+11.0%
Cash
52.5k NOK 390.5k NOK
+644.4%
Total assets
955.9k NOK 617.6k NOK
-35.4%

What improved

  • ↑

    Operating result improved

    Operating result -178.0k NOK → +88.1k NOK (op. margin -30.9% → 24.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 162.9k NOK to a profit of 56.1k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 511.9k NOK → 568.0k NOK (equity ratio 53.6% → 92.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 52.5k NOK → 390.5k NOK (+644.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 7.76×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 576.1k NOK to 354.6k NOK (-38.4% YoY). Calculated