Org.nr 989 586 432 2017 → 2018 Year-over-year analysis

AJAX FORLAG AS: årsregnskap 2018 vs 2017

Shrank 12% on revenue

approved 2019-05-30; registry 2019-06-25; journal 2019 521028

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AJAX FORLAG AS. Revenue 601.4k NOK → 530.2k NOK (-11.8%). Equity 422.9k NOK → 262.8k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AJAX FORLAG AS.

Scorecard

Revenue
601.4k NOK 530.2k NOK
-11.8%
Net result
n/m -141.6k NOK
—
Equity
422.9k NOK 262.8k NOK
-37.8%
Cash
7 875 NOK 7 875 NOK
0.0%
Total assets
190.2k NOK 851.0k NOK
+347.4%

What improved

  • ↑

    Payroll decreased

    Salary cost 6.17m NOK → 9 NOK (1026% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 601.4k NOK to 530.2k NOK (-11.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 422.9k NOK → 262.8k NOK (equity ratio 222.3% → 30.9%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 870.9k NOK → 198.5k NOK (-77.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 100.0k NOK → 400 NOK. Reported fact