AJR EIENDOM AS: årsregnskap 2012 vs 2011
Shrank 100% on revenue
Summary
What changed
Comparing Årsregnskap 2012 with 2011 for AJR EIENDOM AS. Revenue 120.0k NOK → 240 NOK (-99.8%). Equity 3 112 NOK → 121.7k NOK.
On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; current ratio dropped below 1×.
Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for AJR EIENDOM AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -15.5k NOK → +108.4k NOK (op. margin -12.9% → 45160.4%). Calculated
-
↑
Equity strengthened
Book equity 3 112 NOK → 121.7k NOK (equity ratio 91.0% → 3.4%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 120.0k NOK to 240 NOK (-99.8% YoY). Calculated
-
↓
Current ratio dropped below 1×
Current ratio 98.10× → 0.13× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is 3.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation