AJBAS AS: årsregnskap 2012 vs 2011
Shrank 15% on revenue, fresh owner capital
approved 2013-06-30; registry 2013-09-10; journal 2013 780418
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AJBAS AS. Revenue 3.40m NOK → 2.91m NOK (-14.6%). Equity 79.7k NOK → -18.7k NOK.
On the constructive side: cash rose; owners injected capital; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJBAS AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 7 384 NOK → 11.7k NOK (+58.9% YoY). Calculated
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↑
Owners injected capital
Paid-in equity rose 335 NOK → 335.0k NOK (+334.7k NOK). Reported fact
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↑
Payroll decreased
Salary cost 821.3k NOK → 2 NOK (24% → 0% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 3.40m NOK to 2.91m NOK (-14.6% YoY). Calculated
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↓
Equity eroded
Book equity 79.7k NOK → -18.7k NOK (equity ratio 6.2% → -1.9%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -1.9% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
COGS fell
COGS / varekostnad 1.82m NOK → 1.70m NOK (-6.4% YoY). Calculated