Org.nr 997 427 912 2013 → 2014 Year-over-year analysis

AJI AS: årsregnskap 2014 vs 2013

Shrank 11% on revenue

approved 2015-06-30; registry 2015-09-26; journal 2015 874388

Summary

What changed

Comparing Årsregnskap 2014 with 2013 for AJI AS. Revenue 4.35m NOK → 3.85m NOK (-11.5%). Equity 131.9k NOK → 22.6k NOK.

On the constructive side: cash rose. Pressures included: revenue fell; equity eroded; payroll up without matching revenue.

Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AJI AS.

At a glance

Revenue

4.35m NOK 3.85m NOK

-11.5%

Net result

n/m -109.2k NOK

—

Equity

131.9k NOK 22.6k NOK

-82.8%

Cash

35.1k NOK 71.0k NOK

+102.4%

Total assets

1.96m NOK 1.88m NOK

-3.8%

↓
Revenue fell

Operating income / revenue moved from 4.35m NOK to 3.85m NOK (-11.5% YoY). Calculated
↓
Equity eroded

Book equity 131.9k NOK → 22.6k NOK (equity ratio 6.7% → 1.2%). Calculated
↓
Payroll up without matching revenue

Salary cost 258.3k NOK → 411.4k NOK (6% → 11% of revenue). Calculated

·
Thin equity buffer

Equity ratio is 1.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
COGS fell

COGS / varekostnad 3.28m NOK → 2.76m NOK (-15.8% YoY). Calculated