AJO MASKIN AS: årsregnskap 2019 vs 2018
Shrank 91% on revenue, stronger earnings, cash halved-plus
approved 2020-05-28; registry 2020-06-22; journal 2020 468700
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for AJO MASKIN AS. Revenue 676.4k NOK → 57.8k NOK (-91.4%). Net result +40.7k NOK → +654.5k NOK. Equity 1.66m NOK → 2.32m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: revenue fell; operating result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +40.7k NOK → +654.5k NOK (net margin 6.0% → 1131.7%). Calculated
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↑
Equity strengthened
Book equity 1.66m NOK → 2.32m NOK. Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 676.4k NOK to 57.8k NOK (-91.4% YoY). Calculated
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↓
Operating result weakened
Operating result +43.8k NOK → +33.1k NOK (op. margin 6.5% → 57.3%). Calculated
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↓
Cash fell
Bank deposits 693.6k NOK → 339.1k NOK (-51.1% YoY). Calculated
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↓
Payroll up without matching revenue
Salary cost 19.2k NOK → 5.25m NOK (3% → 9085% of revenue). Calculated
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↓
COGS moved
COGS / varekostnad 43.4k NOK → 390.1k NOK (+799.4% YoY). Calculated