Org.nr 989 348 809 2009 → 2010 Year-over-year analysis

2 SAKSER AS: årsregnskap 2010 vs 2009

Shrank 8% on revenue

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for 2 SAKSER AS. Revenue 1.29m NOK → 1.18m NOK (-8.4%). Equity 101.0k NOK → 64.5k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for 2 SAKSER AS.

At a glance

Revenue

1.29m NOK 1.18m NOK

-8.4%

Operating result

-14.1k NOK -38.2k NOK

-171.4%

Equity

101.0k NOK 64.5k NOK

-36.1%

Cash

n/m 118.9k NOK

—

Total assets

297.8k NOK 253.3k NOK

-15.0%

↑
Payroll decreased

Salary cost 2.84m NOK → 2 NOK (221% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 1.29m NOK to 1.18m NOK (-8.4% YoY). Calculated
↓
Operating result weakened

Operating result -14.1k NOK → -38.2k NOK (op. margin -1.1% → -3.2%). Calculated
↓
Equity eroded

Book equity 101.0k NOK → 64.5k NOK (equity ratio 33.9% → 25.5%). Calculated

·
COGS fell

COGS / varekostnad 212.7k NOK → 168.3k NOK (-20.9% YoY). Calculated