Org.nr 932 505 606 2016 → 2017 Year-over-year analysis

AJER EIENDOM AS: årsregnskap 2017 vs 2016

Grew 7% on revenue

approved 2018-03-05; registry 2018-03-10; journal 2018 226037

Summary

What changed

Comparing Årsregnskap 2017 with 2016 for AJER EIENDOM AS. Revenue 2.47m NOK → 2.64m NOK (+6.9%). Equity 3.20m NOK → 199.7k NOK.

On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJER EIENDOM AS.

At a glance

Revenue

2.47m NOK 2.64m NOK

+6.9%

Operating result

+907.8k NOK +856.7k NOK

-5.6%

Net result

+497.5k NOK n/m

—

Equity

3.20m NOK 199.7k NOK

-93.8%

Cash

1.81m NOK 1.71m NOK

-5.6%

Total assets

12.68m NOK 11.75m NOK

-7.3%

↑
Revenue rose

Operating income / revenue moved from 2.47m NOK to 2.64m NOK (+6.9% YoY). Calculated

↓
Operating result weakened

Operating result +907.8k NOK → +856.7k NOK (op. margin 36.8% → 32.5%). Calculated
↓
Equity eroded

Book equity 3.20m NOK → 199.7k NOK (equity ratio 25.2% → 1.7%). Calculated
↓
Cash fell

Bank deposits 1.81m NOK → 1.71m NOK (-5.6% YoY). Calculated

·
Thin equity buffer

Equity ratio is 1.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation