FirmaIQ
Org.nr 933 541 835 2018 → 2019 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2019 vs 2018

Shrank 100% on revenue, stronger earnings

approved 2020-02-03; registry 2020-06-06; journal 2020 395145

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AJ PRODUKTER AS. Revenue 253.10m NOK → 314.7k NOK (-99.9%). Net result +9.77m NOK → +16.69m NOK.

On the constructive side: net result improved; cash rose. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
253.10m NOK 314.7k NOK
-99.9%
Operating result
n/m +21.55m NOK
—
Net result
+9.77m NOK +16.69m NOK
+70.8%
Cash
11.89m NOK 25.50m NOK
+114.5%
Total assets
78.13m NOK 87.05m NOK
+11.4%

What improved

  • ↑

    Net result improved

    Net result +9.77m NOK → +16.69m NOK (net margin 3.9% → 5302.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 11.89m NOK → 25.50m NOK (+114.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 253.10m NOK to 314.7k NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.04× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 13.28m NOK → 15.40m NOK (5% → 4894% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 4.18bn NOK → 4.22bn NOK (+1.0% YoY). Calculated