Org.nr 915 258 123 2018 → 2019 Year-over-year analysis

AJO INVEST AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-12; registry 2020-10-06; journal 2020 911265

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AJO INVEST AS. Net result +14.1k NOK → +27.00m NOK. Equity 25.93m NOK → 32.92m NOK.

On the constructive side: net result improved; equity strengthened; cash rose. Pressures included: operating result weakened; cogs moved.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AJO INVEST AS.

Scorecard

Operating result
-127.2k NOK -150.6k NOK
-18.4%
Net result
+14.1k NOK +27.00m NOK
+191495.4%
Equity
25.93m NOK 32.92m NOK
+27.0%
Cash
660.6k NOK 10.75m NOK
+1527.7%
Total assets
26.89m NOK 41.75m NOK
+55.3%

What improved

  • ↑

    Net result improved

    Net result +14.1k NOK → +27.00m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 25.93m NOK → 32.92m NOK (equity ratio 96.4% → 78.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 660.6k NOK → 10.75m NOK (+1527.7% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.69× → 23.78×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -127.2k NOK → -150.6k NOK. Calculated

  • ↓

    COGS moved

    COGS / varekostnad 6.13m NOK → 6.15m NOK (+0.4% YoY). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 23.90m NOK → 5.93m NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 22.00m NOK. Reported fact