Org.nr 819 461 562 2017 → 2018 Year-over-year analysis

AJOHANSEN HOLDING AS: årsregnskap 2018 vs 2017

Another loss-making year

approved 2019-06-01; registry 2019-06-26; journal 2019 542444

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2018 with 2017 for AJOHANSEN HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Equity 29.0k NOK → 6 962 NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJOHANSEN HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
n/m +10.0k NOK
—
Net result
n/m -22.0k NOK
—
Equity
29.0k NOK 6 962 NOK
-76.0%
Cash
29.7k NOK 20.6k NOK
-30.6%
Total assets
2.03m NOK 2.53m NOK
+24.7%

What deteriorated

  • ↓

    Equity eroded

    Book equity 29.0k NOK → 6 962 NOK (equity ratio 1.4% → 0.3%). Calculated

  • ↓

    Cash fell

    Bank deposits 29.7k NOK → 20.6k NOK (-30.6% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 14.83× → 0.01× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 2.50m NOK. Reported fact