Org.nr 913 430 905 2020 → 2021 Year-over-year analysis

AJ EIENDOM AS: årsregnskap 2021 vs 2020

Shrank 100% on revenue, returned to profit

approved 2022-04-21; registry 2022-07-14; journal 2022 703596

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AJ EIENDOM AS. Revenue 290.5k NOK → 310 NOK (-99.9%). Net result -303.9k NOK → +399.4k NOK. Equity 1.19m NOK → 1.41m NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; 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
290.5k NOK 310 NOK
-99.9%
Operating result
-217.0k NOK -103.1k NOK
+52.5%
Net result
-303.9k NOK +399.4k NOK
+231.4%
Equity
1.19m NOK 1.41m NOK
+18.8%
Cash
280.0k NOK 174.0k NOK
-37.9%
Total assets
3.04m NOK 3.59m NOK
+18.1%

What improved

  • ↑

    Operating result improved

    Operating result -217.0k NOK → -103.1k NOK (op. margin -74.7% → -33263.9%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 303.9k NOK to a profit of 399.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 1.19m NOK → 1.41m NOK (equity ratio 39.1% → 39.4%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.00m NOK → 1.10m NOK (+100.0k NOK). Reported fact

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 290.5k NOK to 310 NOK (-99.9% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 280.0k NOK → 174.0k NOK (-37.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.64× → 0.78× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 500 NOK → 500.0k NOK. Reported fact