AJI AS: årsregnskap 2020 vs 2019
Slipped into loss, cash halved-plus
approved 2021-08-20; registry 2021-08-28; journal 2021 686812
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJI AS. Revenue 0 NOK → 1 378 NOK. Net result +58.0k NOK → -98.5k NOK. Equity -2 413 NOK → -100.9k NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; fell into a net loss; 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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↑
Revenue rose
Operating income / revenue moved from 0 NOK to 1 378 NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +58.1k NOK → -98.5k NOK. Calculated
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↓
Fell into a net loss
Net result flipped from 58.0k NOK profit to a loss of 98.5k NOK. Calculated
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↓
Equity eroded
Book equity -2 413 NOK → -100.9k NOK (equity ratio -0.3% → -12.6%). Calculated
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↓
Cash fell
Bank deposits 607.7k NOK → 50.7k NOK (-91.7% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -12.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation