Org.nr 999 287 379 2018 → 2019 Year-over-year analysis

AJ INVEST AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-04-27; registry 2020-06-06; journal 2020 394601

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AJ INVEST AS. Net result +298.8k NOK → +972.8k NOK. Equity 1.39m NOK → 1.19m NOK.

On the constructive side: net result improved; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ INVEST AS.

Scorecard

Operating result
-10.0k NOK -10.6k NOK
-6.4%
Net result
+298.8k NOK +972.8k NOK
+225.6%
Equity
1.39m NOK 1.19m NOK
-13.9%
Cash
609 NOK 51.8k NOK
+8404.1%
Total assets
387.0k NOK 1.78m NOK
+359.4%

What improved

  • ↑

    Net result improved

    Net result +298.8k NOK → +972.8k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 609 NOK → 51.8k NOK (+8404.1% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -10.0k NOK → -10.6k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.39m NOK → 1.19m NOK (equity ratio 358.1% → 67.1%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 514.96× → 0.47× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 777.8k NOK → 1.50m NOK. Reported fact