AJB HOLDING AS: årsregnskap 2019 vs 2018
Grew 9% on revenue, returned to profit, cash halved-plus
approved 2020-06-18; registry 2020-06-25; journal 2020 496113
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJB HOLDING AS. Revenue 71.9k NOK → 78.1k NOK (+8.6%). Net result -412.7k NOK → +294.2k NOK. Equity 9.31m NOK → 9.40m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJB HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 71.9k NOK to 78.1k NOK (+8.6% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 412.7k NOK to a profit of 294.2k NOK. Calculated
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↑
Equity strengthened
Book equity 9.31m NOK → 9.40m NOK (equity ratio 94.5% → 96.7%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 717.2k NOK → 356.5k NOK (-50.3% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 305.7k NOK → 138.7k NOK. Reported fact