AJAD AS: årsregnskap 2018 vs 2017
Stronger earnings
approved 2019-06-29; registry 2019-07-27; journal 2019 799126
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJAD AS. Net result +286.3k NOK → +792.0k NOK. Equity 5.32m NOK → 1 107 NOK.
On the constructive side: net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJAD AS.
At a glance
Scorecard
Net result
+286.3k NOK
+792.0k NOK
+176.7%
Equity
5.32m NOK
1 107 NOK
-100.0%
Cash
315.8k NOK
207.8k NOK
-34.2%
Total assets
585.8k NOK
477.8k NOK
-18.4%
What improved
-
↑
Net result improved
Net result +286.3k NOK → +792.0k NOK. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 5.32m NOK → 1 107 NOK (equity ratio 907.5% → 0.2%). Calculated
-
↓
Cash fell
Bank deposits 315.8k NOK → 207.8k NOK (-34.2% YoY). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 0.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation