A.J. DESIGN AS: årsregnskap 2012 vs 2011
Shrank 54% on revenue, returned to profit
approved 2013-08-12; registry 2013-08-24; journal 2013 675947
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for A.J. DESIGN AS. Revenue 2.20m NOK → 1.01m NOK (-53.9%). Net result -17.2k NOK → +15.7k NOK. Equity 754.1k NOK → 769.8k NOK.
On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; cash fell; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Turned profitable
Net result flipped from a loss of 17.2k NOK to a profit of 15.7k NOK. Calculated
-
↑
Equity strengthened
Book equity 754.1k NOK → 769.8k NOK (equity ratio 40.7% → 40.0%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 2.20m NOK to 1.01m NOK (-53.9% YoY). Calculated
-
↓
Cash fell
Bank deposits 422.7k NOK → 273.4k NOK (-35.3% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.40m NOK → 1.46m NOK (64% → 144% of revenue). Calculated