Org.nr 932 505 606 2007 → 2008 Year-over-year analysis

AJER EIENDOM AS: årsregnskap 2008 vs 2007

Grew 32% on revenue

approved 2009-06-04; registry 2009-08-19

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AJER EIENDOM AS. Revenue 1.40m NOK → 1.85m NOK (+32.2%). Equity 2.03m NOK → -2.97m NOK.

On the constructive side: revenue rose; operating result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJER EIENDOM AS.

At a glance

Revenue

1.40m NOK 1.85m NOK

+32.2%

Operating result

+332.8k NOK +714.9k NOK

+114.8%

Net result

-126.0k NOK n/m

—

Equity

2.03m NOK -2.97m NOK

-246.4%

Total assets

11.79m NOK 11.74m NOK

-0.4%

↑
Revenue rose

Operating income / revenue moved from 1.40m NOK to 1.85m NOK (+32.2% YoY). Calculated
↑
Operating result improved

Operating result +332.8k NOK → +714.9k NOK (op. margin 23.8% → 38.6%). Calculated

↓
Equity eroded

Book equity 2.03m NOK → -2.97m NOK (equity ratio 17.2% → -25.3%). Calculated

·
Thin equity buffer

Equity ratio is -25.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation