AJA VIN AS: årsregnskap 2020 vs 2019
Shrank 98% on revenue, stronger earnings
approved 2021-05-14; registry 2021-08-18; journal 2021 627554
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJA VIN AS. Revenue 3.14m NOK → 48.2k NOK (-98.5%). Net result -3.74m NOK → -63.2k NOK. Equity -21.30m NOK → -21.36m NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJA VIN AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -3.73m NOK → -63.2k NOK (op. margin -118.9% → -131.1%). Calculated
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↑
Net result improved
Net result -3.74m NOK → -63.2k NOK (net margin -119.0% → -131.1%). Calculated
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↑
Cash rose
Bank deposits 15.2k NOK → 49.8k NOK (+228.0% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.14m NOK to 48.2k NOK (-98.5% YoY). Calculated
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↓
Equity eroded
Book equity -21.30m NOK → -21.36m NOK (equity ratio -27744.6% → -4705.5%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.74m NOK → 22.3k NOK (-99.2% YoY). Calculated