AJ MASKIN AS: årsregnskap 2019 vs 2018
Grew 12% on revenue
approved 2020-03-26; registry 2020-03-30; journal 2020 264045
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ MASKIN AS. Revenue 104.1k NOK → 116.3k NOK (+11.8%). Equity -37.5k NOK → -61.1k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AJ MASKIN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 104.1k NOK to 116.3k NOK (+11.8% YoY). Calculated
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↑
Cash rose
Bank deposits 45.7k NOK → 48.6k NOK (+6.3% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -37.5k NOK → -61.1k NOK (equity ratio -38.8% → -86.0%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -86.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 19.3k NOK → 50.8k NOK (+162.4% YoY). Calculated