Org.nr 819 461 562 2019 → 2020 Year-over-year analysis

AJOHANSEN HOLDING AS: årsregnskap 2020 vs 2019

Slipped into loss

approved 2021-08-10; registry 2021-09-29; journal 2021 830448

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2020 with 2019 for AJOHANSEN HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +120.6k NOK → -10.0k NOK. Equity 127.5k NOK → 117.5k NOK.

On the constructive side: operating result improved; cash rose. Pressures included: fell into a net loss; equity eroded.

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
-10.2k NOK -10.0k NOK
+1.1%
Net result
+120.6k NOK -10.0k NOK
-108.3%
Equity
127.5k NOK 117.5k NOK
-7.9%
Cash
9 618 NOK 139.6k NOK
+1351.5%
Total assets
2.65m NOK 4.64m NOK
+75.0%

What improved

  • ↑

    Operating result improved

    Operating result -10.2k NOK → -10.0k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 9 618 NOK → 139.6k NOK (+1351.5% YoY). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 120.6k NOK profit to a loss of 10.0k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 127.5k NOK → 117.5k NOK (equity ratio 4.8% → 2.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 2.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 2.50m NOK → 4.50m NOK. Reported fact