FirmaIQ
Org.nr 913 100 697 2018 → 2019 Year-over-year analysis

AJ ØKONOMI OG REGNSKAP AS: årsregnskap 2019 vs 2018

Shrank 7% on revenue, cash halved-plus

approved 2020-06-30; registry 2020-08-01; journal 2020 633623

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AJ ØKONOMI OG REGNSKAP AS. Revenue 3.45m NOK → 3.22m NOK (-6.7%). Net result +250.2k NOK → +268.8k NOK. Equity 1.27m NOK → 1.44m NOK.

On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell; cash fell.

Net constructive year on the published lines.

At a glance

Scorecard

Revenue
3.45m NOK 3.22m NOK
-6.7%
Operating result
+350.9k NOK +375.7k NOK
+7.1%
Net result
+250.2k NOK +268.8k NOK
+7.4%
Equity
1.27m NOK 1.44m NOK
+13.3%
Cash
649.2k NOK 147.4k NOK
-77.3%
Total assets
1.98m NOK 2.18m NOK
+10.1%

What improved

  • ↑

    Operating result improved

    Operating result +350.9k NOK → +375.7k NOK (op. margin 10.2% → 11.7%). Calculated

  • ↑

    Net result improved

    Net result +250.2k NOK → +268.8k NOK (net margin 7.3% → 8.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.27m NOK → 1.44m NOK (equity ratio 64.2% → 66.0%). Calculated

  • ↑

    Payroll decreased

    Salary cost 3.96m NOK → 3.72m NOK (115% → 116% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 3.45m NOK to 3.22m NOK (-6.7% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 649.2k NOK → 147.4k NOK (-77.3% YoY). Calculated