AJAJ AS: årsregnskap 2008 vs 2007
Slipped into loss
Summary
What changed
Comparing Årsregnskap 2008 with 2007 for AJAJ AS. Net result +31.1k NOK → -2.65m NOK. Equity 3.24m NOK → 156.2k NOK.
On the constructive side: operating result improved; current ratio back above 1×. Pressures included: fell into a net loss; equity eroded.
Also worth watching: thin equity buffer; book investments changed. All figures are taken from the published annual accounts for AJAJ AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -50.7k NOK → -28.0k NOK. Calculated
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↑
Current ratio back above 1×
Current ratio 0.11× → 8.73×. Calculated
What deteriorated
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↓
Fell into a net loss
Net result flipped from 31.1k NOK profit to a loss of 2.65m NOK. Calculated
-
↓
Equity eroded
Book equity 3.24m NOK → 156.2k NOK. Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Book investments changed
Investment / intangible book value 4.02m NOK → 4.59m NOK. Reported fact