AJAX FORLAG AS: årsregnskap 2019 vs 2018
Grew 27% on revenue
approved 2020-07-03; registry 2020-09-08; journal 2020 775010
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJAX FORLAG AS. Revenue 530.2k NOK → 670.9k NOK (+26.5%). Net result -141.6k NOK → -141.6k NOK. Equity 262.8k NOK → 121.2k NOK.
On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AJAX FORLAG AS.
At a glance
Scorecard
What improved
-
↑
Revenue rose
Operating income / revenue moved from 530.2k NOK to 670.9k NOK (+26.5% YoY). Calculated
-
↑
Cash rose
Bank deposits 7 875 NOK → 29.3k NOK (+271.5% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.55× → 1.14×. Calculated
What deteriorated
-
↓
Equity eroded
Book equity 262.8k NOK → 121.2k NOK (equity ratio 30.9% → 170.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 9 NOK → 524.9k NOK (0% → 78% of revenue). Calculated
-
·
COGS moved
COGS / varekostnad 198.5k NOK → 431.9k NOK (+117.6% YoY). Calculated
-
·
Book investments changed
Investment / intangible book value 400 NOK → 1 856 NOK. Reported fact