Org.nr 992 849 622 2009 → 2010 Year-over-year analysis

AJ SERVICE AS: årsregnskap 2010 vs 2009

Shrank 8% on revenue

approved 2011-06-30; registry 2011-09-02; journal 2011 678577

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AJ SERVICE AS. Revenue 2.01m NOK → 1.85m NOK (-7.8%). Equity 180.7k NOK → 101.1k NOK.

Pressures included: revenue fell; operating result weakened; equity eroded.

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

At a glance

Revenue

2.01m NOK 1.85m NOK

-7.8%

Operating result

+232.3k NOK -67.6k NOK

-129.1%

Net result

n/m -79.7k NOK

—

Equity

180.7k NOK 101.1k NOK

-44.1%

Total assets

631.4k NOK 493.2k NOK

-21.9%

↓
Revenue fell

Operating income / revenue moved from 2.01m NOK to 1.85m NOK (-7.8% YoY). Calculated
↓
Operating result weakened

Operating result +232.3k NOK → -67.6k NOK (op. margin 11.6% → -3.7%). Calculated
↓
Equity eroded

Book equity 180.7k NOK → 101.1k NOK (equity ratio 28.6% → 20.5%). Calculated
↓
Payroll up without matching revenue

Salary cost 280.0k NOK → 502.5k NOK (14% → 27% of revenue). Calculated