AJ EIENDOM STORD AS: årsregnskap 2020 vs 2019
Grew 121% on revenue, weaker earnings, fresh owner capital
approved 2021-02-23; registry 2021-04-08; journal 2021 189961
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJ EIENDOM STORD AS. Revenue 241.2k NOK → 533.3k NOK (+121.1%). Net result +467.0k NOK → +51 NOK. Equity 119.0k NOK → 119.0k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: net result weakened.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ EIENDOM STORD AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 241.2k NOK to 533.3k NOK (+121.1% YoY). Calculated
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Operating result improved
Operating result +199.6k NOK → +232.4k NOK (op. margin 82.7% → 43.6%). Calculated
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Cash rose
Bank deposits 262.2k NOK → 295.4k NOK (+12.7% YoY). Calculated
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Owners injected capital
Paid-in equity rose 526 NOK → 526.0k NOK (+525.5k NOK). Reported fact
What deteriorated
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Net result weakened
Net result +467.0k NOK → +51 NOK (net margin 193.6% → 0.0%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 2.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation