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Org.nr 998 680 700 2019 → 2020 Year-over-year analysis

AJ ELEKTRO AS: årsregnskap 2020 vs 2019

Shrank 7% on revenue

approved 2021-03-11; registry 2021-03-16; journal 2021 149349

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ ELEKTRO AS. Revenue 3.44m NOK → 3.20m NOK (-6.8%). Net result +281.8k NOK → +256.0k NOK. Equity 556.3k NOK → 612.3k NOK.

On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell; net result weakened.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.44m NOK 3.20m NOK
-6.8%
Operating result
n/m +338.5k NOK
—
Net result
+281.8k NOK +256.0k NOK
-9.1%
Equity
556.3k NOK 612.3k NOK
+10.1%
Cash
507.5k NOK 753.7k NOK
+48.5%
Total assets
1.66m NOK 1.69m NOK
+1.8%

What improved

  • ↑

    Equity strengthened

    Book equity 556.3k NOK → 612.3k NOK (equity ratio 33.6% → 36.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 507.5k NOK → 753.7k NOK (+48.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.65× → 1.47×. Calculated

  • ↑

    Payroll decreased

    Salary cost 1.44m NOK → 1.22m NOK (42% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.44m NOK to 3.20m NOK (-6.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +281.8k NOK → +256.0k NOK (net margin 8.2% → 8.0%). Calculated