AJUELL CONSULTING AS: årsregnskap 2018 vs 2017
Cash halved-plus
approved 2019-05-26; registry 2019-06-15; journal 2019 436842
Summary
What changed
Comparing Årsregnskap 2018 with 2017 for AJUELL CONSULTING AS. Revenue 3.30m NOK → 3.24m NOK (-1.8%). Equity 231.0k NOK → 60.0k NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: thin equity buffer; sharp cash drawdown. All figures are taken from the published annual accounts for AJUELL CONSULTING AS.
At a glance
Scorecard
What deteriorated
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Revenue fell
Operating income / revenue moved from 3.30m NOK to 3.24m NOK (-1.8% YoY). Calculated
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Equity eroded
Book equity 231.0k NOK → 60.0k NOK (equity ratio 13.1% → 3.1%). Calculated
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Cash fell
Bank deposits 1.29m NOK → 199.9k NOK (-84.6% YoY). Calculated
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Payroll up without matching revenue
Salary cost 1 NOK → 1.98m NOK (0% → 61% of revenue). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 3.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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Sharp cash drawdown
Cash fell by more than 60% YoY (1.29m NOK → 199.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation