AJA FORVALTNING AS: årsregnskap 2007 vs 2006
Shrank 84% on revenue
Summary
What changed
Comparing Årsregnskap 2007 with 2006 for AJA FORVALTNING AS. Revenue 1.44m NOK → 230.2k NOK (-84.0%). Net result -235.1k NOK → -193.0k NOK. Equity 386.0k NOK → 193.0k NOK.
On the constructive side: operating result improved; net result improved; cash rose. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJA FORVALTNING AS.
At a glance
Scorecard
What improved
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Operating result improved
Operating result -217.2k NOK → +361.5k NOK (op. margin -15.1% → 157.0%). Calculated
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Net result improved
Net result -235.1k NOK → -193.0k NOK (net margin -16.4% → -83.8%). Calculated
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Cash rose
Bank deposits 78.6k NOK → 2.72m NOK (+3363.0% YoY). Calculated
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Payroll decreased
Salary cost 4.86m NOK → 1.47m NOK (338% → 638% of revenue). Calculated
What deteriorated
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Revenue fell
Operating income / revenue moved from 1.44m NOK to 230.2k NOK (-84.0% YoY). Calculated
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Equity eroded
Book equity 386.0k NOK → 193.0k NOK (equity ratio 41.4% → 0.9%). Calculated
Things to notice
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Thin equity buffer
Equity ratio is 0.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS fell
COGS / varekostnad 272.3k NOK → 69.8k NOK (-74.3% YoY). Calculated