A. O. BJERKÅS AS: årsregnskap 2019 vs 2018
Shrank 94% on revenue
approved 2020-08-11; registry 2020-08-15; journal 2020 671502
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for A. O. BJERKÅS AS. Revenue 925.0k NOK → 57.4k NOK (-93.8%). Equity -292.9k NOK → -371.6k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A. O. BJERKÅS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 4 239 NOK → 16.0k NOK (+276.3% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 925.0k NOK to 57.4k NOK (-93.8% YoY). Calculated
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↓
Equity eroded
Book equity -292.9k NOK → -371.6k NOK (equity ratio -349.2% → -461.7%). Calculated
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↓
Payroll up without matching revenue
Salary cost 684.8k NOK → 803.4k NOK (74% → 1400% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 96.8k NOK → 139.0k NOK (+43.6% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -461.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation