AJO INVEST AS: årsregnskap 2018 vs 2017
Weaker earnings
approved 2019-06-30; registry 2019-08-03; journal 2019 851227
Summary
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.
At a glance
Scorecard
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
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·
Book investments changed
Investment / intangible book value 24.07m NOK → 2 NOK. Reported fact