AJ TRANSPORT AS: årsregnskap 2019 vs 2018
Grew 173% on revenue, cash halved-plus
approved 2020-03-24; registry 2020-09-03; journal 2020 737358
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJ TRANSPORT AS. Revenue 398.6k NOK → 1.09m NOK (+173.1%). Equity 565.8k NOK → 346.3k NOK.
On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; current ratio dropped below 1×.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
398.6k NOK
1.09m NOK
+173.1%
Operating result
n/m
-205.3k NOK
—
Net result
n/m
-219.5k NOK
—
Equity
565.8k NOK
346.3k NOK
-38.8%
Cash
351.7k NOK
70.1k NOK
-80.1%
Total assets
1.26m NOK
858.4k NOK
-31.9%
What improved
-
↑
Revenue rose
Operating income / revenue moved from 398.6k NOK to 1.09m NOK (+173.1% YoY). Calculated
What deteriorated
-
↓
Equity eroded
Book equity 565.8k NOK → 346.3k NOK (equity ratio 44.9% → 40.3%). Calculated
-
↓
Cash fell
Bank deposits 351.7k NOK → 70.1k NOK (-80.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.54× → 0.71× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated