AJ OFFSHORE AS: årsregnskap 2012 vs 2011
Shrank 89% on revenue
approved 2013-02-20; registry 2013-03-07; journal 2013 311128
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AJ OFFSHORE AS. Revenue 437.0k NOK → 47.5k NOK (-89.1%). Equity 5 278 NOK → 912.4k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×; payroll up without matching revenue.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +244.9k NOK → +881.4k NOK (op. margin 56.0% → 1854.2%). Calculated
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↑
Equity strengthened
Book equity 5 278 NOK → 912.4k NOK (equity ratio 0.8% → 157.9%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 437.0k NOK to 47.5k NOK (-89.1% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 1.19× → 0.61× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
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↓
Payroll up without matching revenue
Salary cost 3 153 NOK → 839.8k NOK (1% → 1767% of revenue). Calculated