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Org.nr 980 292 738 2008 → 2009 Year-over-year analysis

1-2-TRE ELEMENTPRODUKSJON AS: årsregnskap 2009 vs 2008

Shrank 11% on revenue, weaker earnings, cash halved-plus

approved 2010-05-25; registry 2010-07-19; journal 2010 516366

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for 1-2-TRE ELEMENTPRODUKSJON AS. Revenue 38.39m NOK → 34.35m NOK (-10.5%). Net result +2.38m NOK → +545.0k NOK. Equity 5.27m NOK → 4.87m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 1-2-TRE ELEMENTPRODUKSJON AS.

At a glance

Scorecard

Revenue
38.39m NOK 34.35m NOK
-10.5%
Operating result
+1.65m NOK n/m
—
Net result
+2.38m NOK +545.0k NOK
-77.1%
Equity
5.27m NOK 4.87m NOK
-7.5%
Cash
9.30m NOK 3.84m NOK
-58.7%
Total assets
15.37m NOK 10.93m NOK
-28.8%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 38.39m NOK to 34.35m NOK (-10.5% YoY). Calculated

  • ↓

    Net result weakened

    Net result +2.38m NOK → +545.0k NOK (net margin 6.2% → 1.6%). Calculated

  • ↓

    Equity eroded

    Book equity 5.27m NOK → 4.87m NOK (equity ratio 34.3% → 44.6%). Calculated

  • ↓

    Cash fell

    Bank deposits 9.30m NOK → 3.84m NOK (-58.7% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 21.85m NOK → 20.31m NOK (-7.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 37.9k NOK → 9 553 NOK. Reported fact