Org.nr 988 949 345 2019 → 2020 Year-over-year analysis

AJS HOLDING AS: årsregnskap 2020 vs 2019

Cash halved-plus

approved 2021-02-18; registry 2021-02-22; journal 2021 121769

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for AJS HOLDING AS. Equity 6.14m NOK → 3.03m NOK.

Pressures included: equity eroded; cash fell; current ratio dropped below 1×.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AJS HOLDING AS.

At a glance

Operating result

n/m -43.7k NOK

—

Net result

n/m -43.7k NOK

—

Equity

6.14m NOK 3.03m NOK

-50.7%

Cash

14.8k NOK 2 529 NOK

-83.0%

Total assets

7.72m NOK 3.05m NOK

-60.4%

↓
Equity eroded

Book equity 6.14m NOK → 3.03m NOK (equity ratio 79.5% → 99.1%). Calculated
↓
Cash fell

Bank deposits 14.8k NOK → 2 529 NOK (-83.0% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1023.34× → 0.14× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

·
Paid-in equity reduced

Paid-in equity fell 700.0k NOK → 350.0k NOK — check capital reduction, conversion, or reclassification. Interpretation