AJÆG AS: årsregnskap 2021 vs 2020
Shrank 35% on revenue, weaker earnings, cash halved-plus
registry 2022-08-02; journal 2022 869824
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJÆG AS. Revenue 650.0k NOK → 425.1k NOK (-34.6%). Net result +248.2k NOK → +93.6k NOK. Equity 320.8k NOK → 414.4k NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: book investments changed; headcount (årsverk) changed. All figures are taken from the published annual accounts for AJÆG AS.
At a glance
Scorecard
What improved
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↑
Equity strengthened
Book equity 320.8k NOK → 414.4k NOK (equity ratio 75.2% → 87.0%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 650.0k NOK to 425.1k NOK (-34.6% YoY). Calculated
-
↓
Operating result weakened
Operating result +324.3k NOK → +120.0k NOK (op. margin 49.9% → 28.2%). Calculated
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↓
Net result weakened
Net result +248.2k NOK → +93.6k NOK (net margin 38.2% → 22.0%). Calculated
-
↓
Cash fell
Bank deposits 72.0k NOK → 33.4k NOK (-53.6% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 0 NOK → 3.21m NOK (0% → 756% of revenue). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 300.0k NOK → 408.9k NOK. Reported fact
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·
Headcount (årsverk) changed
Reported FTEs 1 → 0. Reported fact