FirmaIQ
Org.nr 995 666 324 2019 → 2020 Year-over-year analysis

AJ TRADING AS: årsregnskap 2020 vs 2019

Slipped into loss, cash halved-plus

approved 2020-12-31; registry 2021-11-25; journal 2021 899422

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJ TRADING AS. Revenue 90.0k NOK → 90.0k NOK (0.0%). Net result +64.7k NOK → -500.0k NOK. Equity -55.1k NOK → -555.1k NOK.

Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJ TRADING AS.

At a glance

Scorecard

Revenue
90.0k NOK 90.0k NOK
0.0%
Operating result
+64.7k NOK -500.0k NOK
-873.3%
Net result
+64.7k NOK -500.0k NOK
-873.3%
Equity
-55.1k NOK -555.1k NOK
-907.8%
Cash
2 343 NOK 359 NOK
-84.7%
Total assets
500.0k NOK 359.5k NOK
-28.1%

What deteriorated

  • ↓

    Operating result weakened

    Operating result +64.7k NOK → -500.0k NOK (op. margin 71.8% → -555.6%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 64.7k NOK profit to a loss of 500.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity -55.1k NOK → -555.1k NOK (equity ratio -11.0% → -154.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 2 343 NOK → 359 NOK (-84.7% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -154.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation