Org.nr 913 430 905 2017 → 2018 Year-over-year analysis

AJ EIENDOM AS: årsregnskap 2018 vs 2017

Grew 38% on revenue, stronger earnings, fresh owner capital

approved 2019-06-30; registry 2019-07-29; journal 2019 839854

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AJ EIENDOM AS. Revenue 508.3k NOK → 701.5k NOK (+38.0%). Net result 0 NOK → +295.6k NOK. Equity 1 119 NOK → 1.42m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ EIENDOM AS.

Scorecard

Revenue
508.3k NOK 701.5k NOK
+38.0%
Operating result
n/m +447.4k NOK
—
Net result
0 NOK +295.6k NOK
—
Equity
1 119 NOK 1.42m NOK
+126382.1%
Cash
38.2k NOK 750.0k NOK
+1864.8%
Total assets
2.84m NOK 2.98m NOK
+5.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 508.3k NOK to 701.5k NOK (+38.0% YoY). Calculated

  • ↑

    Net result improved

    Net result 0 NOK → +295.6k NOK (net margin 0.0% → 42.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 1 119 NOK → 1.42m NOK (equity ratio 0.0% → 47.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 38.2k NOK → 750.0k NOK (+1864.8% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 800 NOK → 1.00m NOK (+999.2k NOK). Reported fact

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2814.66× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 270 NOK → 270.0k NOK. Reported fact