AJK GRUPPEN AS: årsregnskap 2020 vs 2019
Shrank 14% on revenue, returned to profit
approved 2021-08-20; registry 2021-10-04; journal 2021 857348
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJK GRUPPEN AS. Revenue 2.71m NOK → 2.33m NOK (-14.1%). Net result -146.1k NOK → +304.2k NOK. Equity 28.0k NOK → 332.1k NOK.
On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell; cogs moved.
Net constructive year on the published lines.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -139.0k NOK → +367.6k NOK (op. margin -5.1% → 15.8%). Calculated
-
↑
Turned profitable
Net result flipped from a loss of 146.1k NOK to a profit of 304.2k NOK. Calculated
-
↑
Equity strengthened
Book equity 28.0k NOK → 332.1k NOK (equity ratio 3.6% → 41.9%). Calculated
-
↑
Cash rose
Bank deposits 176.1k NOK → 187.7k NOK (+6.6% YoY). Calculated
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↑
Payroll decreased
Salary cost 570.3k NOK → 266.9k NOK (21% → 11% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.71m NOK to 2.33m NOK (-14.1% YoY). Calculated
-
↓
COGS moved
COGS / varekostnad 196.3k NOK → 597.4k NOK (+204.4% YoY). Calculated