Org.nr 917 899 142 2019 → 2020 Year-over-year analysis

AJOUR NORDIC/NORGE AS: årsregnskap 2020 vs 2019

Shrank 48% on revenue

approved 2021-08-31; registry 2021-09-02; journal 2021 714790

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJOUR NORDIC/NORGE AS. Revenue 4.38m NOK → 2.26m NOK (-48.5%). Equity 12.18m NOK → -751.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJOUR NORDIC/NORGE AS.

At a glance

Revenue

4.38m NOK 2.26m NOK

-48.5%

Operating result

0 NOK -922.9k NOK

—

Net result

n/m -930.3k NOK

—

Equity

12.18m NOK -751.6k NOK

-106.2%

Cash

-510.0k NOK -9 929 NOK

+98.1%

Total assets

536.8k NOK 3.12m NOK

+480.6%

↓
Revenue fell

Operating income / revenue moved from 4.38m NOK to 2.26m NOK (-48.5% YoY). Calculated
↓
Operating result weakened

Operating result 0 NOK → -922.9k NOK (op. margin 0.0% → -40.8%). Calculated
↓
Equity eroded

Book equity 12.18m NOK → -751.6k NOK (equity ratio 2268.9% → -24.1%). Calculated

·
Thin equity buffer

Equity ratio is -24.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 990.5k NOK → 541.0k NOK (-45.4% YoY). Calculated