AJAX FORLAG AS: årsregnskap 2021 vs 2020
Grew 10% on revenue, slipped into loss
approved 2021-12-31; registry 2022-07-21; journal 2022 758398
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJAX FORLAG AS. Revenue 1.25m NOK → 1.38m NOK (+9.8%). Net result +112.2k NOK → -16.5k NOK. Equity 233.3k NOK → 216.8k NOK.
On the constructive side: revenue rose; operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded; current ratio dropped below 1×.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AJAX FORLAG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.25m NOK to 1.38m NOK (+9.8% YoY). Calculated
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↑
Operating result improved
Operating result +108.7k NOK → +419.3k NOK (op. margin 8.7% → 30.4%). Calculated
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Cash rose
Bank deposits 13.0k NOK → 430.2k NOK (+3199.2% YoY). Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 112.2k NOK profit to a loss of 16.5k NOK. Calculated
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↓
Equity eroded
Book equity 233.3k NOK → 216.8k NOK (equity ratio 23.8% → 156.1%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.28× → 0.15× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 445.2k NOK → 565.3k NOK (36% → 41% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 438.3k NOK → 394.4k NOK (-10.0% YoY). Calculated