FirmaIQ
Org.nr 932 505 606 2018 → 2019 Year-over-year analysis

AJER EIENDOM AS: årsregnskap 2019 vs 2018

Grew 8% on revenue, cash halved-plus

approved 2020-02-26; registry 2020-06-04; journal 2020 386642

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2019 with 2018 for AJER EIENDOM AS. Revenue 2.76m NOK → 2.99m NOK (+8.2%). Equity 200 NOK → 454.8k NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: cash fell; current ratio dropped below 1×.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AJER EIENDOM AS.

At a glance

Scorecard

Revenue
2.76m NOK 2.99m NOK
+8.2%
Operating result
+964.2k NOK +1.72m NOK
+78.3%
Equity
200 NOK 454.8k NOK
+227323.5%
Cash
1.01m NOK 1 006 NOK
-99.9%
Total assets
10.66m NOK 9.45m NOK
-11.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.76m NOK to 2.99m NOK (+8.2% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +964.2k NOK → +1.72m NOK (op. margin 34.9% → 57.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 200 NOK → 454.8k NOK (equity ratio 0.0% → 4.8%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 1.01m NOK → 1 006 NOK (-99.9% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.37× → 0.09× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (1.01m NOK → 1 006 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation