Org.nr 933 541 835 2008 → 2009 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2009 vs 2008

Shrank 33% on revenue

approved 2010-02-09; registry 2010-09-01; journal 2010 680956

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AJ PRODUKTER AS. Revenue 100.59m NOK → 67.32m NOK (-33.1%). Equity 11.23m NOK → 12.58m NOK.

On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AJ PRODUKTER AS.

At a glance

Revenue

100.59m NOK 67.32m NOK

-33.1%

Operating result

+2.56m NOK +1.86m NOK

-27.6%

Equity

11.23m NOK 12.58m NOK

+12.1%

Total assets

31.61m NOK 24.89m NOK

-21.3%

↑
Equity strengthened

Book equity 11.23m NOK → 12.58m NOK (equity ratio 35.5% → 50.6%). Calculated
↑
Payroll decreased

Salary cost 4.13m NOK → 2.62m NOK (4% → 4% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 100.59m NOK to 67.32m NOK (-33.1% YoY). Calculated
↓
Operating result weakened

Operating result +2.56m NOK → +1.86m NOK (op. margin 2.5% → 2.8%). Calculated

·
COGS fell

COGS / varekostnad 86.65m NOK → 57.63m NOK (-33.5% YoY). Calculated