Org.nr 984 409 974 2008 → 2009 Year-over-year analysis

AJOUR EIENDOMSDRIFT AS: årsregnskap 2009 vs 2008

Shrank 10% on revenue, weaker earnings

approved 2010-06-11; registry 2010-09-04; journal 2010 697966

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AJOUR EIENDOMSDRIFT AS. Revenue 5.06m NOK → 4.54m NOK (-10.2%). Net result +549.2k NOK → +358.5k NOK. Equity 659.6k NOK → 301.1k NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

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

Scorecard

Revenue
5.06m NOK 4.54m NOK
-10.2%
Operating result
+813.9k NOK n/m
—
Net result
+549.2k NOK +358.5k NOK
-34.7%
Equity
659.6k NOK 301.1k NOK
-54.4%
Cash
967.1k NOK 523.9k NOK
-45.8%
Total assets
669.5k NOK 2.13m NOK
+218.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.06m NOK to 4.54m NOK (-10.2% YoY). Calculated

  • ↓

    Net result weakened

    Net result +549.2k NOK → +358.5k NOK (net margin 10.9% → 7.9%). Calculated

  • ↓

    Equity eroded

    Book equity 659.6k NOK → 301.1k NOK (equity ratio 98.5% → 14.1%). Calculated

  • ↓

    Cash fell

    Bank deposits 967.1k NOK → 523.9k NOK (-45.8% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.61× → 0.44× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 100.4k NOK → 157.3k NOK. Reported fact