AJI AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings
approved 2020-05-13; registry 2020-09-10; journal 2020 788284
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJI AS. Revenue 528 NOK → 0 NOK (-100.0%). Net result +123.8k NOK → +58.0k NOK. Equity 55.5k NOK → -2 413 NOK.
On the constructive side: operating result improved; cash rose. Pressures included: revenue fell; net result weakened; equity eroded.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJI AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -137.8k NOK → +58.1k NOK. Calculated
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↑
Cash rose
Bank deposits 127.0k NOK → 607.7k NOK (+378.7% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 528 NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Net result weakened
Net result +123.8k NOK → +58.0k NOK. Calculated
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↓
Equity eroded
Book equity 55.5k NOK → -2 413 NOK (equity ratio 5.8% → -0.3%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation