AJ SANDNES BYGG AS: årsregnskap 2018 vs 2017
Shrank 16% on revenue
approved 2019-06-26; registry 2019-07-04; journal 2019 602466
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ SANDNES BYGG AS. Revenue 23.04m NOK → 19.40m NOK (-15.8%). Net result +1.62m NOK → +1.57m NOK. Equity 7.83m NOK → 8.24m NOK.
On the constructive side: equity strengthened; cash rose; current ratio back above 1×. Pressures included: revenue fell.
Also worth watching: paid-in equity reduced; cogs fell; book investments changed. All figures are taken from the published annual accounts for AJ SANDNES BYGG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 7.83m NOK → 8.24m NOK (equity ratio 57.3% → 69.9%). Calculated
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↑
Cash rose
Bank deposits 4.85m NOK → 6.01m NOK (+23.9% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.83× → 1.69×. Calculated
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↑
Payroll decreased
Salary cost 7.16m NOK → 6.89m NOK (31% → 35% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 23.04m NOK to 19.40m NOK (-15.8% YoY). Calculated
Things to notice
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·
Paid-in equity reduced
Paid-in equity fell 957.6k NOK → 100.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 13.42m NOK → 8.73m NOK (-35.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 225.7k NOK → 687.7k NOK. Reported fact