AJ SERVICE AS: årsregnskap 2012 vs 2011
Shrank 43% on revenue, cash halved-plus
approved 2013-06-30; registry 2013-09-11; journal 2013 785996
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AJ SERVICE AS. Revenue 3.44m NOK → 1.97m NOK (-42.6%). Equity 714.7k NOK → 664.8k NOK.
On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJ SERVICE AS.
At a glance
Scorecard
What improved
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↑
Current ratio back above 1×
Current ratio 0.11× → 1.43×. Calculated
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↑
Payroll decreased
Salary cost 614.5k NOK → 526.9k NOK (18% → 27% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.44m NOK to 1.97m NOK (-42.6% YoY). Calculated
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↓
Equity eroded
Book equity 714.7k NOK → 664.8k NOK (equity ratio 130.6% → 57.9%). Calculated
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↓
Cash fell
Bank deposits 173.7k NOK → 41.7k NOK (-76.0% YoY). Calculated
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↓
COGS moved
COGS / varekostnad 777.0k NOK → 538.55m NOK (+69208.2% YoY). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 314.1k NOK → 283.3k NOK. Reported fact