FirmaIQ
Org.nr 987 582 715 2008 → 2009 Year-over-year analysis

2020PARK AS: årsregnskap 2009 vs 2008

Grew 12% on revenue, returned to profit

approved 2010-06-07; registry 2010-06-22; journal 2010 445035

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for 2020PARK AS. Revenue 22.98m NOK → 25.83m NOK (+12.4%). Net result -12.04m NOK → +26.07m NOK. Equity -6.95m NOK → 19.12m NOK.

On the constructive side: revenue rose; operating result improved; turned profitable.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 2020PARK AS.

At a glance

Scorecard

Revenue
22.98m NOK 25.83m NOK
+12.4%
Operating result
+5.57m NOK +10.00m NOK
+79.5%
Net result
-12.04m NOK +26.07m NOK
+316.6%
Equity
-6.95m NOK 19.12m NOK
+375.2%
Cash
13.86m NOK 16.62m NOK
+20.0%
Total assets
167.74m NOK 172.97m NOK
+3.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 22.98m NOK to 25.83m NOK (+12.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5.57m NOK → +10.00m NOK (op. margin 24.2% → 38.7%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 12.04m NOK to a profit of 26.07m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity -6.95m NOK → 19.12m NOK (equity ratio -4.1% → 11.1%). Calculated

  • ↑

    Cash rose

    Bank deposits 13.86m NOK → 16.62m NOK (+20.0% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 20.0k NOK → 310 NOK. Reported fact