AJAIB INVEST AS: årsregnskap 2017 vs 2016
Grew 17% on revenue, stronger earnings, cash halved-plus
approved 2018-06-29; registry 2018-07-30; journal 2018 816320
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for AJAIB INVEST AS. Revenue 6.64m NOK → 7.75m NOK (+16.7%). Net result +124.5k NOK → +173.2k NOK. Equity 392.4k NOK → 565.6k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell; current ratio dropped below 1×.
Also worth watching: cogs moved. All figures are taken from the published annual accounts for AJAIB INVEST AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 6.64m NOK to 7.75m NOK (+16.7% YoY). Calculated
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Operating result improved
Operating result +128.8k NOK → +222.8k NOK (op. margin 1.9% → 2.9%). Calculated
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Net result improved
Net result +124.5k NOK → +173.2k NOK (net margin 1.9% → 2.2%). Calculated
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Equity strengthened
Book equity 392.4k NOK → 565.6k NOK (equity ratio 43.2% → 200.5%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 591.5k NOK → 34.8k NOK (-94.1% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.80× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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COGS moved
COGS / varekostnad 2.71m NOK → 2.90m NOK (+7.0% YoY). Calculated