AJS PROAKTIV AS: årsregnskap 2021 vs 2020
Shrank 34% on revenue, cash halved-plus
approved 2022-06-15; registry 2022-06-18; journal 2022 472324
Summary
What changed
Comparing Årsregnskap 2021 with 2020 for AJS PROAKTIV AS. Revenue 283.2k NOK → 187.9k NOK (-33.7%). Net result -38.2k NOK → -29.5k NOK. Equity -8 230 NOK → -37.7k NOK.
On the constructive side: operating result improved; net result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for AJS PROAKTIV AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -46.9k NOK → -40.3k NOK (op. margin -16.6% → -21.4%). Calculated
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Net result improved
Net result -38.2k NOK → -29.5k NOK (net margin -13.5% → -15.7%). Calculated
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↑
Payroll decreased
Salary cost 85.3k NOK → 74.8k NOK (30% → 40% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 283.2k NOK to 187.9k NOK (-33.7% YoY). Calculated
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↓
Equity eroded
Book equity -8 230 NOK → -37.7k NOK (equity ratio -11.0% → -47.1%). Calculated
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↓
Cash fell
Bank deposits 30.8k NOK → 1 706 NOK (-94.5% YoY). Calculated
Things to notice
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Thin equity buffer
Equity ratio is -47.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 198.9k NOK → 81.9k NOK (-58.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 469 NOK → 55.3k NOK. Reported fact