AJAXSON & LIEN AS: årsregnskap 2019 vs 2018
Weaker earnings, cash halved-plus
approved 2020-06-10; registry 2020-09-24; journal 2020 865899
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJAXSON & LIEN AS. Revenue 0 NOK → 0 NOK (0.0%). Net result -5 137 NOK → -16.5k NOK. Equity 719.5k NOK → 703.0k NOK.
Pressures included: net result weakened; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
0 NOK
0 NOK
0.0%
Operating result
n/m
-10 NOK
—
Net result
-5 137 NOK
-16.5k NOK
-221.0%
Equity
719.5k NOK
703.0k NOK
-2.3%
Cash
158.4k NOK
9 365 NOK
-94.1%
Total assets
848.5k NOK
1 199 NOK
-99.9%
What deteriorated
-
↓
Net result weakened
Net result -5 137 NOK → -16.5k NOK. Calculated
-
↓
Equity eroded
Book equity 719.5k NOK → 703.0k NOK (equity ratio 84.8% → 58631.4%). Calculated
-
↓
Cash fell
Bank deposits 158.4k NOK → 9 365 NOK (-94.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 94.09× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated