AJG EIENDOM AS: årsregnskap 2018 vs 2017
Grew 95117% on revenue
approved 2019-06-28; registry 2019-07-13; journal 2019 704134
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJG EIENDOM AS. Revenue 345 NOK → 328.5k NOK (+95117.4%). Equity 322.3k NOK → 287.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; equity eroded; current ratio dropped below 1×.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJG EIENDOM AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 345 NOK to 328.5k NOK (+95117.4% YoY). Calculated
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↑
Cash rose
Bank deposits 99.1k NOK → 270.5k NOK (+173.0% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +227.4k NOK → +208.9k NOK (op. margin 65911.0% → 63.6%). Calculated
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↓
Equity eroded
Book equity 322.3k NOK → 287.3k NOK (equity ratio 6.5% → 3.7%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.12× → 0.31× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 2 100 NOK → 1.94m NOK. Reported fact