AJOUR EIENDOMSDRIFT AS: årsregnskap 2011 vs 2010
Grew 13% on revenue
approved 2012-06-27; registry 2012-08-22; journal 2012 638718
Summary
What changed
Comparing Årsregnskap 2011 with 2010 for AJOUR EIENDOMSDRIFT AS. Revenue 6.42m NOK → 7.27m NOK (+13.1%). Equity 304.9k NOK → 140.7k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating 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 EIENDOMSDRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 6.42m NOK to 7.27m NOK (+13.1% YoY). Calculated
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↑
Cash rose
Bank deposits 442.9k NOK → 465.4k NOK (+5.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +174.5k NOK → -192.6k NOK (op. margin 2.7% → -2.7%). Calculated
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↓
Equity eroded
Book equity 304.9k NOK → 140.7k NOK (equity ratio 10.2% → 6.5%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is 6.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 2 NOK → 4.05m NOK (0% → 56% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 1 155 NOK → 966.6k NOK (+83585.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 117.3k NOK → 77.3k NOK. Reported fact