Org.nr 912 284 956 2017 → 2018 Year-over-year analysis

AJK AS: årsregnskap 2018 vs 2017

Shrank 29% on revenue, cash halved-plus

approved 2019-06-04; registry 2019-06-25; journal 2019 521084

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AJK AS. Revenue 1.05m NOK → 737.7k NOK (-29.4%). Equity 13.26m NOK → 12.54m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJK AS.

Scorecard

Revenue
1.05m NOK 737.7k NOK
-29.4%
Equity
13.26m NOK 12.54m NOK
-5.5%
Cash
994.4k NOK 428.6k NOK
-56.9%
Total assets
14.07m NOK 13.34m NOK
-5.2%

What improved

  • ↑

    Payroll decreased

    Salary cost 5.76m NOK → 5.75m NOK (551% → 779% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.05m NOK to 737.7k NOK (-29.4% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 13.26m NOK → 12.54m NOK (equity ratio 94.2% → 94.0%). Calculated

  • ↓

    Cash fell

    Bank deposits 994.4k NOK → 428.6k NOK (-56.9% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.95m NOK → 1.02m NOK. Reported fact