AJ TRADING AS: årsregnskap 2011 vs 2010
Grew 187% on revenue
approved 2012-06-22; registry 2012-09-01; journal 2012 687926
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AJ TRADING AS. Revenue 206.7k NOK → 592.9k NOK (+186.8%). Equity -218.8k NOK → -509.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.
Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AJ TRADING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 206.7k NOK to 592.9k NOK (+186.8% YoY). Calculated
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↑
Cash rose
Bank deposits 5 NOK → 40.8k NOK (+816520.0% YoY). Calculated
What deteriorated
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↓
Equity eroded
Book equity -218.8k NOK → -509.3k NOK (equity ratio -51.4% → -275.8%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -275.8% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS moved
COGS / varekostnad 200.3k NOK → 603.2k NOK (+201.1% YoY). Calculated