A JONASSEN AS: årsregnskap 2011 vs 2010
Shrank 28% on revenue, slipped into loss, cash halved-plus
approved 2012-06-29; registry 2012-08-27; journal 2012 653003
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for A JONASSEN AS. Revenue 7.27m NOK → 5.25m NOK (-27.8%). Net result +569.7k NOK → -58.6k NOK. Equity 272.5k NOK → 214.0k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A JONASSEN AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.65m NOK → 1.53m NOK (23% → 29% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 7.27m NOK to 5.25m NOK (-27.8% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 569.7k NOK profit to a loss of 58.6k NOK. Calculated
-
↓
Equity eroded
Book equity 272.5k NOK → 214.0k NOK (equity ratio 43.8% → 20.7%). Calculated
-
↓
Cash fell
Bank deposits 739.4k NOK → 48.5k NOK (-93.4% YoY). Calculated
Things to notice
-
·
COGS fell
COGS / varekostnad 4.13m NOK → 2.71m NOK (-34.4% YoY). Calculated