AJ EIENDOM AS: årsregnskap 2020 vs 2019
Shrank 11% on revenue, slipped into loss
approved 2021-02-18; registry 2021-02-22; journal 2021 123031
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJ EIENDOM AS. Revenue 325.0k NOK → 290.5k NOK (-10.6%). Net result +78.8k NOK → -303.9k NOK. Equity 1.49m NOK → 1.19m NOK.
On the constructive side: current ratio back above 1×. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio -103.48× → 7.64×. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 325.0k NOK to 290.5k NOK (-10.6% YoY). Calculated
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↓
Operating result weakened
Operating result +43.9k NOK → -217.0k NOK (op. margin 13.5% → -74.7%). Calculated
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↓
Fell into a net loss
Net result flipped from 78.8k NOK profit to a loss of 303.9k NOK. Calculated
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↓
Equity eroded
Book equity 1.49m NOK → 1.19m NOK (equity ratio 54.5% → 39.1%). Calculated
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↓
Cash fell
Bank deposits 446.3k NOK → 280.0k NOK (-37.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 270.0k NOK → 500 NOK. Reported fact