AJOD HOLDING AS: årsregnskap 2020 vs 2019
Stronger earnings, cash halved-plus
approved 2021-05-18; registry 2021-07-07; journal 2021 542849
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for AJOD HOLDING AS. Net result 0 NOK → +3.76m NOK. Equity 0 NOK → 4.49m NOK.
On the constructive side: net result improved; equity strengthened. Pressures included: cash fell.
Also worth watching: sharp cash drawdown; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for AJOD HOLDING AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result 0 NOK → +3.76m NOK. Calculated
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↑
Equity strengthened
Book equity 0 NOK → 4.49m NOK (equity ratio 0.0% → 99.0%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 1.66m NOK → 4 390 NOK (-99.7% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (1.66m NOK → 4 390 NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 593.4k NOK → 152.2k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 241.1k NOK → 133.6k NOK. Reported fact