Org.nr 976 758 757 2007 → 2008 Year-over-year analysis

AJOUR MEDIA AS: årsregnskap 2008 vs 2007

Grew 36% on revenue, cash halved-plus

approved 2009-04-17; registry 2009-07-28

Summary

What changed

Comparing Årsregnskap 2008 with 2007 for AJOUR MEDIA AS. Revenue 2.23m NOK → 3.04m NOK (+36.3%). Equity 574.4k NOK → 10.3k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell.

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

At a glance

Revenue

2.23m NOK 3.04m NOK

+36.3%

Operating result

n/m +566.3k NOK

—

Equity

574.4k NOK 10.3k NOK

-98.2%

Cash

761.2k NOK 262.4k NOK

-65.5%

Total assets

1.59m NOK 1.74m NOK

+9.6%

↑
Revenue rose

Operating income / revenue moved from 2.23m NOK to 3.04m NOK (+36.3% YoY). Calculated

↓
Equity eroded

Book equity 574.4k NOK → 10.3k NOK (equity ratio 36.2% → 0.6%). Calculated
↓
Cash fell

Bank deposits 761.2k NOK → 262.4k NOK (-65.5% YoY). Calculated

·
Thin equity buffer

Equity ratio is 0.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
·
Payroll increased

Salary cost 847.6k NOK → 1.16m NOK (38% → 38% of revenue). Calculated
·
COGS moved

COGS / varekostnad 241.0k NOK → 528.0k NOK (+119.1% YoY). Calculated