AJÆG AS: årsregnskap 2020 vs 2019
Shrank 67% on revenue, cash halved-plus
registry 2021-06-10; journal 2021 408964
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJÆG AS. Revenue 1.98m NOK → 650.0k NOK (-67.2%). Net result +280.2k NOK → +248.2k NOK. Equity 72.6k NOK → 320.8k NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 72.6k NOK → 320.8k NOK (equity ratio 9.5% → 75.2%). Calculated
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↑
Payroll decreased
Salary cost 1.25m NOK → 0 NOK (63% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 1.98m NOK to 650.0k NOK (-67.2% YoY). Calculated
-
↓
Operating result weakened
Operating result +358.4k NOK → +324.3k NOK (op. margin 18.1% → 49.9%). Calculated
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↓
Net result weakened
Net result +280.2k NOK → +248.2k NOK (net margin 14.1% → 38.2%). Calculated
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↓
Cash fell
Bank deposits 181.6k NOK → 72.0k NOK (-60.4% YoY). Calculated