A.J. DESIGN AS: årsregnskap 2009 vs 2008
Shrank 27% on revenue
approved 2010-06-30; registry 2010-08-25; journal 2010 633310
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A.J. DESIGN AS. Revenue 3.37m NOK → 2.46m NOK (-26.9%). Equity 1.16m NOK → 816.6k NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
Revenue
3.37m NOK
2.46m NOK
-26.9%
Net result
+389.3k NOK
n/m
—
Equity
1.16m NOK
816.6k NOK
-29.5%
Cash
572.8k NOK
1.04m NOK
+81.8%
Total assets
2.93m NOK
2.12m NOK
-27.6%
What improved
-
↑
Cash rose
Bank deposits 572.8k NOK → 1.04m NOK (+81.8% YoY). Calculated
-
↑
Payroll decreased
Salary cost 1.71m NOK → 1.41m NOK (51% → 57% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.37m NOK to 2.46m NOK (-26.9% YoY). Calculated
-
↓
Equity eroded
Book equity 1.16m NOK → 816.6k NOK (equity ratio 39.5% → 38.4%). Calculated