A JØRGENSEN AS: årsregnskap 2009 vs 2008
Shrank 83% on revenue, cash halved-plus
approved 2010-02-19; registry 2010-06-03; journal 2010 396827
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A JØRGENSEN AS. Revenue 794.1k NOK → 137.4k NOK (-82.7%). Equity 927.4k NOK → 880.8k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 465.4k NOK → 87.5k NOK (59% → 64% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 794.1k NOK to 137.4k NOK (-82.7% YoY). Calculated
-
↓
Equity eroded
Book equity 927.4k NOK → 880.8k NOK (equity ratio 59.7% → 70.2%). Calculated
-
↓
Cash fell
Bank deposits 17.9k NOK → 217 NOK (-98.8% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 4.15m NOK → 173.4k NOK. Reported fact