AJ HORGENS VEI 1-9 AS: årsregnskap 2018 vs 2017
Grew 120% on revenue
approved 2019-07-05; registry 2019-08-05; journal 2019 863220
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ HORGENS VEI 1-9 AS. Revenue 280.1k NOK → 617.3k NOK (+120.4%). Equity -212.6k NOK → -601.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ HORGENS VEI 1-9 AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 280.1k NOK to 617.3k NOK (+120.4% YoY). Calculated
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↑
Cash rose
Bank deposits 808.7k NOK → 906.6k NOK (+12.1% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -212.6k NOK → -601.3k NOK (equity ratio -1.3% → -2.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -2.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation