AJAK AS: årsregnskap 2019 vs 2018
Returned to profit, cash halved-plus
approved 2020-08-31; registry 2020-10-14; journal 2020 935328
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJAK AS. Net result -457.0k NOK → +414.7k NOK. Equity 7.90m NOK → 9.22m NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: operating result weakened; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AJAK AS.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 457.0k NOK to a profit of 414.7k NOK. Calculated
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↑
Equity strengthened
Book equity 7.90m NOK → 9.22m NOK (equity ratio 94.0% → 92.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -17.5k NOK → -18.0k NOK. Calculated
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↓
Cash fell
Bank deposits 1.13m NOK → 212.7k NOK (-81.1% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.13m NOK → 212.7k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation