AJ TRADING AS: årsregnskap 2016 vs 2015
Grew 125% on revenue, cash halved-plus
approved 2017-07-25; registry 2017-08-07; journal 2017 839688
Summary
What changed
Comparing Årsregnskap 2016 with 2015 for AJ TRADING AS. Revenue 40.0k NOK → 90.0k NOK (+125.0%). Equity -644.8k NOK → -594.0k NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.
Also worth watching: thin equity buffer; payroll increased. All figures are taken from the published annual accounts for AJ TRADING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 40.0k NOK to 90.0k NOK (+125.0% YoY). Calculated
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↑
Equity strengthened
Book equity -644.8k NOK → -594.0k NOK (equity ratio -5392.5% → -14416.6%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 12.0k NOK → 4 120 NOK (-65.5% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -14416.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 24.0k NOK → 39.2k NOK (60% → 44% of revenue). Calculated