AJÆG AS: årsregnskap 2019 vs 2018
A steady year on the published lines
approved 2020-03-26; registry 2020-03-30; journal 2020 263551
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJÆG AS. Revenue 2.04m NOK → 1.98m NOK (-2.6%). Equity 142.4k NOK → 72.6k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJÆG AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 2.04m NOK to 1.98m NOK (-2.6% YoY). Calculated
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↓
Equity eroded
Book equity 142.4k NOK → 72.6k NOK (equity ratio 15.6% → 9.5%). Calculated
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↓
Cash fell
Bank deposits 276.3k NOK → 181.6k NOK (-34.3% YoY). Calculated
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Current ratio dropped below 1×
Current ratio 1.12× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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Thin equity buffer
Equity ratio is 9.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation