AJA FORVALTNING AS: årsregnskap 2009 vs 2008
Grew 134% on revenue, cash halved-plus, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AJA FORVALTNING AS. Revenue 446.6k NOK → 1.05m NOK (+134.3%). Net result -672.5k NOK → -639.8k NOK. Equity 370.5k NOK → -269.3k NOK.
On the constructive side: revenue rose; owners injected capital. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for AJA FORVALTNING AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 446.6k NOK to 1.05m NOK (+134.3% YoY). Calculated
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Owners injected capital
Paid-in equity rose 750 NOK → 1.00m NOK (+999.2k NOK). Reported fact
What deteriorated
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↓
Operating result weakened
Operating result -441.6k NOK → -528.9k NOK (op. margin -98.9% → -50.5%). Calculated
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↓
Equity eroded
Book equity 370.5k NOK → -269.3k NOK (equity ratio 9.7% → -8.0%). Calculated
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↓
Cash fell
Bank deposits 270.4k NOK → 62.2k NOK (-77.0% YoY). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -8.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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COGS moved
COGS / varekostnad 67.5k NOK → 84.0k NOK (+24.5% YoY). Calculated
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Book investments changed
Investment / intangible book value 9.41m NOK → 411.5k NOK. Reported fact