Org.nr 917 361 657 2018 → 2019 Year-over-year analysis

AJP INVEST AS: årsregnskap 2019 vs 2018

Stronger earnings

approved 2020-05-30; registry 2020-06-15; journal 2020 435991

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2019 with 2018 for AJP INVEST AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +64.5k NOK → +464.7k NOK. Equity -102.0k NOK → -566.8k NOK.

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

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJP INVEST AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
+12.2k NOK +15.0k NOK
+23.1%
Net result
+64.5k NOK +464.7k NOK
+620.2%
Equity
-102.0k NOK -566.8k NOK
-455.4%
Cash
40.5k NOK 20.6k NOK
-49.2%
Total assets
1.51m NOK 1.06m NOK
-30.0%

What improved

  • ↑

    Operating result improved

    Operating result +12.2k NOK → +15.0k NOK. Calculated

  • ↑

    Net result improved

    Net result +64.5k NOK → +464.7k NOK. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -102.0k NOK → -566.8k NOK (equity ratio -6.8% → -53.7%). Calculated

  • ↓

    Cash fell

    Bank deposits 40.5k NOK → 20.6k NOK (-49.2% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -53.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation