Org.nr 915 258 123 2017 → 2018 Year-over-year analysis

AJO INVEST AS: årsregnskap 2018 vs 2017

Weaker earnings

approved 2019-06-30; registry 2019-08-03; journal 2019 851227

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AJO INVEST AS. Net result +6.03m NOK → +14.1k NOK. Equity 25.91m NOK → 25.93m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened; current ratio dropped below 1×.

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

Scorecard

Operating result
-54.5k NOK -127.2k NOK
-133.3%
Net result
+6.03m NOK +14.1k NOK
-99.8%
Equity
25.91m NOK 25.93m NOK
+0.1%
Cash
18.3k NOK 660.6k NOK
+3510.7%
Total assets
31.85m NOK 26.89m NOK
-15.6%

What improved

  • ↑

    Equity strengthened

    Book equity 25.91m NOK → 25.93m NOK (equity ratio 81.4% → 96.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 18.3k NOK → 660.6k NOK (+3510.7% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -54.5k NOK → -127.2k NOK. Calculated

  • ↓

    Net result weakened

    Net result +6.03m NOK → +14.1k NOK. Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.31× → 0.69× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 54.5k NOK → 6.13m NOK (+11140.1% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 24.07m NOK → 2 NOK. Reported fact