AJ SERVICE AS: årsregnskap 2018 vs 2017
Mixed movements in the accounts
approved 2019-02-24; registry 2019-07-11; journal 2019 683735
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ SERVICE AS. Revenue 846.4k NOK → 871.1k NOK (+2.9%). Equity 270.6k NOK → 226.4k NOK.
On the constructive side: revenue rose; cash rose; payroll decreased. Pressures included: equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ SERVICE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 846.4k NOK to 871.1k NOK (+2.9% YoY). Calculated
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↑
Cash rose
Bank deposits 155.2k NOK → 210.7k NOK (+35.7% YoY). Calculated
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↑
Payroll decreased
Salary cost 383.4k NOK → 1 NOK (45% → 0% of revenue). Calculated
What deteriorated
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↓
Equity eroded
Book equity 270.6k NOK → 226.4k NOK (equity ratio 45.7% → 47.9%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 95.8k NOK → 55.4k NOK. Reported fact