AJAX FORLAG AS: årsregnskap 2010 vs 2009
Grew 121% on revenue, cash halved-plus
approved 2011-06-30; registry 2011-08-23; journal 2011 622425
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AJAX FORLAG AS. Revenue 213.4k NOK → 471.2k NOK (+120.8%). Equity 1.12m NOK → 1.08m NOK.
On the constructive side: revenue rose. Pressures included: operating result weakened; equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AJAX FORLAG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 213.4k NOK to 471.2k NOK (+120.8% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -45.5k NOK → -106.6k NOK (op. margin -21.3% → -22.6%). Calculated
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↓
Equity eroded
Book equity 1.12m NOK → 1.08m NOK (equity ratio 84.0% → 65.2%). Calculated
-
↓
Cash fell
Bank deposits 81.2k NOK → 21.7k NOK (-73.3% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 2 171 NOK → 212.0k NOK (1% → 45% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 77.2k NOK → 164.7k NOK (+113.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 39.7k NOK → 4.23m NOK. Reported fact