Org.nr 876 702 312 2009 → 2010 Year-over-year analysis

AJBAS AS: årsregnskap 2010 vs 2009

Grew 15% on revenue

approved 2011-06-30; registry 2011-09-02; journal 2011 672041

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AJBAS AS. Revenue 3.02m NOK → 3.48m NOK (+15.0%). Equity 113.3k NOK → 24.6k NOK.

On the constructive side: revenue rose; cash rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for AJBAS AS.

At a glance

Revenue

3.02m NOK 3.48m NOK

+15.0%

Operating result

n/m -68.5k NOK

—

Equity

113.3k NOK 24.6k NOK

-78.3%

Cash

12.0k NOK 19.3k NOK

+61.6%

Total assets

990.0k NOK 264.2k NOK

-73.3%

↑
Revenue rose

Operating income / revenue moved from 3.02m NOK to 3.48m NOK (+15.0% YoY). Calculated
↑
Cash rose

Bank deposits 12.0k NOK → 19.3k NOK (+61.6% YoY). Calculated

↓
Equity eroded

Book equity 113.3k NOK → 24.6k NOK (equity ratio 11.4% → 9.3%). Calculated

·
Thin equity buffer

Equity ratio is 9.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 632.0k NOK → 818.7k NOK (21% → 24% of revenue). Calculated
·
COGS moved

COGS / varekostnad 1.68m NOK → 1.89m NOK (+12.1% YoY). Calculated