Org.nr 976 475 941 2012 → 2013 Year-over-year analysis

AJA FORVALTNING AS: årsregnskap 2013 vs 2012

Shrank 30% on revenue

approved 2014-01-24; registry 2014-09-24; journal 2014 854282

Summary

What changed

Comparing Årsregnskap 2013 with 2012 for AJA FORVALTNING AS. Revenue 2.79m NOK → 1.95m NOK (-29.9%). Equity 1.28m NOK → 500.6k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: paid-in equity reduced. All figures are taken from the published annual accounts for AJA FORVALTNING AS.

At a glance

Revenue

2.79m NOK 1.95m NOK

-29.9%

Operating result

+258.8k NOK n/m

—

Net result

+136.2k NOK n/m

—

Equity

1.28m NOK 500.6k NOK

-61.0%

Cash

263.2k NOK 235.1k NOK

-10.7%

Total assets

4.90m NOK 3.64m NOK

-25.7%

↓
Revenue fell

Operating income / revenue moved from 2.79m NOK to 1.95m NOK (-29.9% YoY). Calculated
↓
Equity eroded

Book equity 1.28m NOK → 500.6k NOK (equity ratio 26.2% → 13.8%). Calculated
↓
Cash fell

Bank deposits 263.2k NOK → 235.1k NOK (-10.7% YoY). Calculated
↓
Current ratio dropped below 1×

Current ratio 1.50× → 0.59× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
↓
Payroll up without matching revenue

Salary cost 2.05m NOK → 2.56m NOK (73% → 131% of revenue). Calculated

·
Paid-in equity reduced

Paid-in equity fell 1.28m NOK → 1.00m NOK — check capital reduction, conversion, or reclassification. Interpretation