AJ SERVICE AS: årsregnskap 2019 vs 2018
Shrank 74% on revenue
approved 2020-03-30; registry 2020-04-04; journal 2020 276606
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ SERVICE AS. Revenue 871.1k NOK → 228.6k NOK (-73.8%). Equity 226.4k NOK → 520.0k NOK.
On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; payroll up without matching revenue.
Also worth watching: cogs fell; 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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↑
Equity strengthened
Book equity 226.4k NOK → 520.0k NOK (equity ratio 47.9% → 62.9%). Calculated
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↑
Cash rose
Bank deposits 210.7k NOK → 412.5k NOK (+95.8% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 871.1k NOK to 228.6k NOK (-73.8% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 1 NOK → 260.4k NOK (0% → 114% of revenue). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 11.5k NOK → 3 150 NOK (-72.6% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.4k NOK → 88.6k NOK. Reported fact