Org.nr 989 766 805 2008 → 2009 Year-over-year analysis

AJ EIENDOMSUTVIKLING AS: årsregnskap 2009 vs 2008

Stronger earnings

approved 2010-04-07; registry 2010-08-23; journal 2010 620615

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AJ EIENDOMSUTVIKLING AS. Net result -209.7k NOK → -143.1k NOK. Equity 1.36m NOK → 1.21m NOK.

On the constructive side: operating result improved; net result improved; cash rose. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ EIENDOMSUTVIKLING AS.

Scorecard

Operating result
-38.0k NOK -29.1k NOK
+23.3%
Net result
-209.7k NOK -143.1k NOK
+31.8%
Equity
1.36m NOK 1.21m NOK
-10.6%
Cash
1 950 NOK 13.1k NOK
+571.9%
Total assets
6.02m NOK 5.94m NOK
-1.4%

What improved

  • ↑

    Operating result improved

    Operating result -38.0k NOK → -29.1k NOK. Calculated

  • ↑

    Net result improved

    Net result -209.7k NOK → -143.1k NOK. Calculated

  • ↑

    Cash rose

    Bank deposits 1 950 NOK → 13.1k NOK (+571.9% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.36m NOK → 1.21m NOK (equity ratio 22.5% → 20.4%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.64× → 0.00× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 5.92m NOK. Reported fact