Org.nr 989 176 609 2012 → 2013 Year-over-year analysis

AJO AS: årsregnskap 2013 vs 2012

Shrank 42% on revenue

approved 2014-06-30; registry 2014-09-04; journal 2014 771971

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2013 with 2012 for AJO AS. Revenue 2.27m NOK → 1.32m NOK (-41.7%). Equity 3.04m NOK → 3.19m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; current ratio dropped below 1×.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AJO AS.

Scorecard

Revenue
2.27m NOK 1.32m NOK
-41.7%
Operating result
+83.6k NOK -129.7k NOK
-255.1%
Equity
3.04m NOK 3.19m NOK
+4.9%
Cash
243.1k NOK 370.9k NOK
+52.6%
Total assets
4.23m NOK 4.40m NOK
+4.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.04m NOK → 3.19m NOK (equity ratio 72.0% → 72.5%). Calculated

  • ↑

    Cash rose

    Bank deposits 243.1k NOK → 370.9k NOK (+52.6% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.27m NOK to 1.32m NOK (-41.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +83.6k NOK → -129.7k NOK (op. margin 3.7% → -9.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 11.92× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 285.2k NOK → 10.0k NOK. Reported fact