Org.nr 989 223 399 2020 → 2021 Year-over-year analysis

AJM HOLDING AS: årsregnskap 2021 vs 2020

Grew 79% on revenue, stronger earnings, cash halved-plus

approved 2022-05-09; registry 2022-05-11; journal 2022 279886

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2021 with 2020 for AJM HOLDING AS. Revenue 86.4k NOK → 155.0k NOK (+79.4%). Net result -850.1k NOK → -514.0k NOK. Equity 3.39m NOK → 2.88m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.

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

Scorecard

Revenue
86.4k NOK 155.0k NOK
+79.4%
Operating result
-1.05m NOK -996.7k NOK
+5.1%
Net result
-850.1k NOK -514.0k NOK
+39.5%
Equity
3.39m NOK 2.88m NOK
-15.2%
Cash
779.7k NOK 135.3k NOK
-82.6%
Total assets
5.02m NOK 4.27m NOK
-14.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 86.4k NOK to 155.0k NOK (+79.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -1.05m NOK → -996.7k NOK (op. margin -1215.9% → -643.0%). Calculated

  • ↑

    Net result improved

    Net result -850.1k NOK → -514.0k NOK (net margin -983.9% → -331.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 3.39m NOK → 2.88m NOK (equity ratio 67.5% → 67.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 779.7k NOK → 135.3k NOK (-82.6% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 90.0k NOK → 72.7k NOK. Reported fact