AJS AS: årsregnskap 2021 vs 2020
Stronger earnings, cash halved-plus
approved 2022-06-29; registry 2022-07-07; journal 2022 593114
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJS AS. Net result +113.4k NOK → +486.0k NOK. Equity 5.54m NOK → 4.52m NOK.
On the constructive side: net result improved. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AJS AS.
At a glance
Scorecard
What improved
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↑
Net result improved
Net result +113.4k NOK → +486.0k NOK. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -25.9k NOK → -35.7k NOK. Calculated
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↓
Equity eroded
Book equity 5.54m NOK → 4.52m NOK (equity ratio 89.9% → 69.3%). Calculated
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↓
Cash fell
Bank deposits 5.50m NOK → 1.83m NOK (-66.8% YoY). Calculated
Things to notice
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·
Sharp cash drawdown
Cash fell by more than 60% YoY (5.50m NOK → 1.83m NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation