AJ ELEKTRO AS: årsregnskap 2019 vs 2018
Grew 12% on revenue
approved 2020-03-26; registry 2020-04-14; journal 2020 285662
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ ELEKTRO AS. Revenue 3.08m NOK → 3.44m NOK (+11.6%). Net result +305.7k NOK → +281.8k NOK. Equity 474.5k NOK → 556.3k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AJ ELEKTRO AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.08m NOK to 3.44m NOK (+11.6% YoY). Calculated
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↑
Equity strengthened
Book equity 474.5k NOK → 556.3k NOK (equity ratio 173.1% → 33.6%). Calculated
What deteriorated
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↓
Net result weakened
Net result +305.7k NOK → +281.8k NOK (net margin 9.9% → 8.2%). Calculated
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↓
Cash fell
Bank deposits 788.6k NOK → 507.5k NOK (-35.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 NOK → 1.44m NOK (0% → 42% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 71.2k NOK → 1.09m NOK (+1424.8% YoY). Calculated