A.J. DESIGN AS: årsregnskap 2008 vs 2007
Grew 5034% on revenue, stronger earnings
approved 2009-06-24; registry 2009-08-25
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for A.J. DESIGN AS. Revenue 65.7k NOK → 3.37m NOK (+5034.3%). Net result +21.6k NOK → +389.3k NOK. Equity 1.17m NOK → 1.16m NOK.
On the constructive side: revenue rose; net result improved; cash rose. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A.J. DESIGN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 65.7k NOK to 3.37m NOK (+5034.3% YoY). Calculated
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↑
Net result improved
Net result +21.6k NOK → +389.3k NOK (net margin 32.9% → 11.5%). Calculated
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↑
Cash rose
Bank deposits 290.0k NOK → 572.8k NOK (+97.5% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity 1.17m NOK → 1.16m NOK (equity ratio 28.0% → 39.5%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.62m NOK → 1.71m NOK (2465% → 51% of revenue). Calculated