Org.nr 997 058 666 2011 → 2012 Year-over-year analysis

AJA HOLDING AS: årsregnskap 2012 vs 2011

Weaker earnings

approved 2013-05-31; registry 2013-06-24; journal 2013 474333

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2012 with 2011 for AJA HOLDING AS. Revenue 0 NOK → 0 NOK (0.0%). Net result +908.1k NOK → +630.3k NOK. Equity 778.6k NOK → 248.8k NOK.

On the constructive side: current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.

Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJA HOLDING AS.

Scorecard

Revenue
0 NOK 0 NOK
0.0%
Operating result
-100 NOK -7 629 NOK
-7529.0%
Net result
+908.1k NOK +630.3k NOK
-30.6%
Equity
778.6k NOK 248.8k NOK
-68.0%
Cash
100.4k NOK 78.7k NOK
-21.6%
Total assets
2 922 NOK 2.63m NOK
+90077.5%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.00× → 4.59×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result -100 NOK → -7 629 NOK. Calculated

  • ↓

    Net result weakened

    Net result +908.1k NOK → +630.3k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 778.6k NOK → 248.8k NOK (equity ratio 26645.2% → 9.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 100.4k NOK → 78.7k NOK (-21.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 9.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 1 900 NOK → 1.90m NOK. Reported fact