FirmaIQ
Org.nr 816 896 142 2018 → 2019 Year-over-year analysis

AJ VESTFOLD BYGG AS: årsregnskap 2019 vs 2018

Shrank 23% on revenue, weaker earnings

approved 2019-12-31; registry 2020-10-17; journal 2020 951845

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AJ VESTFOLD BYGG AS. Revenue 688.2k NOK → 529.5k NOK (-23.1%). Net result +47.5k NOK → +6 NOK. Equity 184.5k NOK → 133.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJ VESTFOLD BYGG AS.

At a glance

Scorecard

Revenue
688.2k NOK 529.5k NOK
-23.1%
Net result
+47.5k NOK +6 NOK
-100.0%
Equity
184.5k NOK 133.9k NOK
-27.4%
Cash
168.1k NOK 187.1k NOK
+11.3%
Total assets
249.7k NOK 245.3k NOK
-1.8%

What improved

  • ↑

    Cash rose

    Bank deposits 168.1k NOK → 187.1k NOK (+11.3% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 688.2k NOK to 529.5k NOK (-23.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +47.5k NOK → +6 NOK (net margin 6.9% → 0.0%). Calculated

  • ↓

    Equity eroded

    Book equity 184.5k NOK → 133.9k NOK (equity ratio 73.9% → 54.6%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 153.1k NOK → 7 471 NOK (-95.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 14.0k NOK → -2 410 NOK. Reported fact