A.J. DESIGN AS: årsregnskap 2011 vs 2010
Shrank 13% on revenue
approved 2012-06-30; registry 2012-08-28; journal 2012 660067
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A.J. DESIGN AS. Revenue 2.54m NOK → 2.20m NOK (-13.2%). Equity 771.2k NOK → 754.1k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
2.54m NOK
2.20m NOK
-13.2%
Net result
n/m
-17.2k NOK
—
Equity
771.2k NOK
754.1k NOK
-2.2%
Cash
661.5k NOK
422.7k NOK
-36.1%
Total assets
2.10m NOK
1.85m NOK
-11.7%
What improved
-
↑
Payroll decreased
Salary cost 1.53m NOK → 1.40m NOK (60% → 64% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.54m NOK to 2.20m NOK (-13.2% YoY). Calculated
-
↓
Equity eroded
Book equity 771.2k NOK → 754.1k NOK (equity ratio 36.8% → 40.7%). Calculated
-
↓
Cash fell
Bank deposits 661.5k NOK → 422.7k NOK (-36.1% YoY). Calculated