Org.nr 925 949 205 2020 → 2021 Year-over-year analysis

AJ SOLUTION AS: årsregnskap 2021 vs 2020

Grew 2437% on revenue, stronger earnings

approved 2022-02-02; registry 2022-02-28; journal 2022 127914

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AJ SOLUTION AS. Revenue 11.0k NOK → 279.1k NOK (+2437.0%). Net result +7 532 NOK → +4.69m NOK. Equity 32.0k NOK → 4.73m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for AJ SOLUTION AS.

Scorecard

Revenue
11.0k NOK 279.1k NOK
+2437.0%
Operating result
+8 086 NOK +168.2k NOK
+1980.6%
Net result
+7 532 NOK +4.69m NOK
+62225.1%
Equity
32.0k NOK 4.73m NOK
+14687.2%
Cash
17.6k NOK 321.6k NOK
+1724.7%
Total assets
119.6k NOK 982.8k NOK
+722.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.0k NOK to 279.1k NOK (+2437.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +8 086 NOK → +168.2k NOK (op. margin 73.5% → 60.3%). Calculated

  • ↑

    Net result improved

    Net result +7 532 NOK → +4.69m NOK (net margin 68.5% → 1682.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 32.0k NOK → 4.73m NOK (equity ratio 26.7% → 480.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 17.6k NOK → 321.6k NOK (+1724.7% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 3 NOK → 57.5k NOK (0% → 21% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 25.0k NOK. Reported fact