Org.nr 921 423 829 2019 → 2020 Year-over-year analysis

AJ BOLIGSTYLING AS: årsregnskap 2020 vs 2019

Shrank 87% on revenue, slipped into loss, cash halved-plus

approved 2021-04-21; registry 2021-04-24; journal 2021 221726

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AJ BOLIGSTYLING AS. Revenue 36.5k NOK → 4 900 NOK (-86.6%). Net result +9 305 NOK → -6 240 NOK. Equity 18.2k NOK → 12.0k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; fell into a net loss; equity eroded.

Net tougher year on the published lines.

Scorecard

Revenue
36.5k NOK 4 900 NOK
-86.6%
Operating result
-10.8k NOK -6 240 NOK
+42.1%
Net result
+9 305 NOK -6 240 NOK
-167.1%
Equity
18.2k NOK 12.0k NOK
-34.3%
Cash
5 675 NOK 1 874 NOK
-67.0%
Total assets
23.6k NOK 14.3k NOK
-39.4%

What improved

  • ↑

    Operating result improved

    Operating result -10.8k NOK → -6 240 NOK (op. margin -29.5% → -127.3%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 36.5k NOK to 4 900 NOK (-86.6% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 9 305 NOK profit to a loss of 6 240 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 18.2k NOK → 12.0k NOK (equity ratio 77.3% → 84.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 5 675 NOK → 1 874 NOK (-67.0% YoY). Calculated