Org.nr 933 541 835 2010 → 2011 Year-over-year analysis

AJ PRODUKTER AS: årsregnskap 2011 vs 2010

Grew 10% on revenue

approved 2012-02-08; registry 2012-06-27; journal 2012 470421

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AJ PRODUKTER AS. Revenue 67.53m NOK → 73.98m NOK (+9.6%). Equity 2.25m NOK → 3.07m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened.

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

At a glance

Revenue

67.53m NOK 73.98m NOK

+9.6%

Operating result

+1.62m NOK +1.08m NOK

-33.5%

Equity

2.25m NOK 3.07m NOK

+36.3%

Cash

n/m 3.79m NOK

—

Total assets

20.74m NOK 23.26m NOK

+12.1%

↑
Revenue rose

Operating income / revenue moved from 67.53m NOK to 73.98m NOK (+9.6% YoY). Calculated
↑
Equity strengthened

Book equity 2.25m NOK → 3.07m NOK (equity ratio 10.9% → 13.2%). Calculated
↑
Current ratio back above 1×

Current ratio 0.50× → 1.01×. Calculated
↑
Payroll decreased

Salary cost 3.03m NOK → 2.95m NOK (4% → 4% of revenue). Calculated

↓
Operating result weakened

Operating result +1.62m NOK → +1.08m NOK (op. margin 2.4% → 1.5%). Calculated

·
COGS moved

COGS / varekostnad 58.72m NOK → 65.80m NOK (+12.1% YoY). Calculated