AJ BYGG AS: årsregnskap 2017 vs 2016
Shrank 100% on revenue
approved 2018-06-30; registry 2018-07-23; journal 2018 764319
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AJ BYGG AS. Revenue 699.8k NOK → 1 190 NOK (-99.8%). Equity 11.17m NOK → 11 NOK.
On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJ BYGG AS.
At a glance
Scorecard
What improved
-
↑
Cash rose
Bank deposits 38.5k NOK → 139.2k NOK (+261.8% YoY). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 699.8k NOK to 1 190 NOK (-99.8% YoY). Calculated
-
↓
Equity eroded
Book equity 11.17m NOK → 11 NOK (equity ratio 2768.2% → 0.0%). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.48× → 0.48× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
-
↓
Payroll up without matching revenue
Salary cost 3.10m NOK → 3.17m NOK (443% → 266350% of revenue). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 303.4k NOK → 1 188 NOK (-99.6% YoY). Calculated