FirmaIQ
Org.nr 979 725 264 2010 → 2011 Year-over-year analysis

AJOUR DATA AS: årsregnskap 2011 vs 2010

Grew 14% on revenue

approved 2012-02-16; registry 2012-05-14; journal 2012 374229

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2011 with 2010 for AJOUR DATA AS. Revenue 2.37m NOK → 2.69m NOK (+13.5%). Net result +230.1k NOK → +196.2k NOK. Equity 675.4k NOK → 1 171 NOK.

On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.

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

At a glance

Scorecard

Revenue
2.37m NOK 2.69m NOK
+13.5%
Operating result
+317.4k NOK +91.9k NOK
-71.1%
Net result
+230.1k NOK +196.2k NOK
-14.7%
Equity
675.4k NOK 1 171 NOK
-99.8%
Cash
1.01m NOK 1.68m NOK
+66.0%
Total assets
1.53m NOK 1.77m NOK
+15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.37m NOK to 2.69m NOK (+13.5% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 1.01m NOK → 1.68m NOK (+66.0% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +317.4k NOK → +91.9k NOK (op. margin 13.4% → 3.4%). Calculated

  • ↓

    Net result weakened

    Net result +230.1k NOK → +196.2k NOK (net margin 9.7% → 7.3%). Calculated

  • ↓

    Equity eroded

    Book equity 675.4k NOK → 1 171 NOK (equity ratio 44.2% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 1.26m NOK → 1.31m NOK (53% → 49% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 216.3k NOK → 238.9k NOK (+10.4% YoY). Calculated