AJG EIENDOM AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, returned to profit, cash halved-plus
approved 2020-06-02; registry 2020-06-22; journal 2020 469706
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJG EIENDOM AS. Revenue 328.5k NOK → 624 NOK (-99.8%). Net result -35.0k NOK → +115.7k NOK. Equity 287.3k NOK → 797.4k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cash fell.
Also worth watching: 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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↑
Operating result improved
Operating result +208.9k NOK → +449.5k NOK (op. margin 63.6% → 72030.8%). Calculated
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Turned profitable
Net result flipped from a loss of 35.0k NOK to a profit of 115.7k NOK. Calculated
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↑
Equity strengthened
Book equity 287.3k NOK → 797.4k NOK (equity ratio 3.7% → 10.3%). Calculated
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Owners injected capital
Paid-in equity rose 237.4k NOK → 631.8k NOK (+394.4k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 328.5k NOK to 624 NOK (-99.8% YoY). Calculated
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↓
Cash fell
Bank deposits 270.5k NOK → 84.6k NOK (-68.7% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 1.94m NOK → 1.26m NOK. Reported fact