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Org.nr 989 742 728 2018 → 2019 Year-over-year analysis

AJ SANDNES BYGG AS: årsregnskap 2019 vs 2018

Shrank 19% on revenue, slipped into loss

approved 2020-06-26; registry 2020-07-07; journal 2020 541279

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AJ SANDNES BYGG AS. Revenue 19.40m NOK → 15.69m NOK (-19.1%). Net result +1.57m NOK → -397.0k NOK. Equity 8.24m NOK → 7.64m NOK.

Pressures included: revenue fell; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ SANDNES BYGG AS.

At a glance

Scorecard

Revenue
19.40m NOK 15.69m NOK
-19.1%
Operating result
n/m -572.3k NOK
—
Net result
+1.57m NOK -397.0k NOK
-125.3%
Equity
8.24m NOK 7.64m NOK
-7.2%
Cash
6.01m NOK 4.96m NOK
-17.4%
Total assets
11.80m NOK 11.21m NOK
-4.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.40m NOK to 15.69m NOK (-19.1% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.57m NOK profit to a loss of 397.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 8.24m NOK → 7.64m NOK (equity ratio 69.9% → 68.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.01m NOK → 4.96m NOK (-17.4% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 6.89m NOK → 7.02m NOK (35% → 45% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 8.73m NOK → 7.46m NOK (-14.6% YoY). Calculated