AJM HOLDING AS: årsregnskap 2019 vs 2018
Grew 12% on revenue, returned to profit
approved 2020-06-10; registry 2020-07-06; journal 2020 537317
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJM HOLDING AS. Revenue 72.0k NOK → 81.0k NOK (+12.5%). Net result -42.8k NOK → +6.35m NOK. Equity 4.10m NOK → 4.44m NOK.
On the constructive side: revenue rose; operating result improved; turned profitable. Pressures included: cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJM HOLDING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 72.0k NOK to 81.0k NOK (+12.5% YoY). Calculated
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↑
Operating result improved
Operating result -295.9k NOK → +43.2k NOK (op. margin -411.0% → 53.3%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 42.8k NOK to a profit of 6.35m NOK. Calculated
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↑
Equity strengthened
Book equity 4.10m NOK → 4.44m NOK (equity ratio 74.5% → 76.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 881.8k NOK → 509.3k NOK (-42.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 50.0k NOK → 90.0k NOK. Reported fact