Org.nr 980 138 267 2019 → 2020 Year-over-year analysis

AJOUR GRAFISK AS: årsregnskap 2020 vs 2019

Shrank 27% on revenue, slipped into loss

approved 2021-04-26; registry 2021-05-22; journal 2021 239222

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJOUR GRAFISK AS. Revenue 6.28m NOK → 4.59m NOK (-26.9%). Net result +184.3k NOK → -305.9k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJOUR GRAFISK AS.

At a glance

Revenue

6.28m NOK 4.59m NOK

-26.9%

Operating result

+273.7k NOK -246.1k NOK

-189.9%

Net result

+184.3k NOK -305.9k NOK

-266.0%

Equity

n/m -310.5k NOK

—

Cash

193.5k NOK 195.4k NOK

+1.0%

Total assets

960.1k NOK 1.58m NOK

+65.0%

↓
Revenue fell

Operating income / revenue moved from 6.28m NOK to 4.59m NOK (-26.9% YoY). Calculated
↓
Operating result weakened

Operating result +273.7k NOK → -246.1k NOK (op. margin 4.4% → -5.4%). Calculated
↓
Fell into a net loss

Net result flipped from 184.3k NOK profit to a loss of 305.9k NOK. Calculated
↓
Current ratio dropped below 1×

Current ratio 1.55× → 0.86× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated