AJ TRADING AS: årsregnskap 2018 vs 2017
Grew 90% on revenue, returned to profit, cash halved-plus
approved 2019-07-25; registry 2019-08-01; journal 2019 840818
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJ TRADING AS. Revenue 275.0k NOK → 522.2k NOK (+89.9%). Net result -43.2k NOK → +517.5k NOK. Equity -637.2k NOK → -119.7k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: 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 275.0k NOK to 522.2k NOK (+89.9% YoY). Calculated
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Operating result improved
Operating result -43.2k NOK → +517.5k NOK (op. margin -15.7% → 99.1%). Calculated
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Turned profitable
Net result flipped from a loss of 43.2k NOK to a profit of 517.5k NOK. Calculated
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Equity strengthened
Book equity -637.2k NOK → -119.7k NOK (equity ratio -11093.5% → -23.8%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 5 744 NOK → 2 343 NOK (-59.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 3 NOK → 8 935 NOK (0% → 2% of revenue). Calculated