CAJO INVEST AS: årsregnskap 2019 vs 2018
Shrank 100% on revenue, weaker earnings
approved 2020-04-29; registry 2020-05-05; journal 2020 328506
Summary
What changed
Comparing Årsregnskap 2019 with 2018 for CAJO INVEST AS. Revenue 39.7k NOK → 0 NOK (-100.0%). Net result +274.3k NOK → +134.3k NOK. Equity 568.9k NOK → 63.2k NOK.
On the constructive side: cash rose. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: thin equity buffer; paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for CAJO INVEST AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 1 848 NOK → 11.4k NOK (+516.9% YoY). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 39.7k NOK to 0 NOK (-100.0% YoY). Calculated
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↓
Operating result weakened
Operating result +32.1k NOK → -9 630 NOK. Calculated
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↓
Net result weakened
Net result +274.3k NOK → +134.3k NOK. Calculated
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↓
Equity eroded
Book equity 568.9k NOK → 63.2k NOK (equity ratio 740.8% → 4.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 4.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 300.0k NOK → 30.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
Book investments changed
Investment / intangible book value 510.4k NOK → 218.6k NOK. Reported fact