FirmaIQ
Org.nr 976 813 332 2009 → 2010 Year-over-year analysis

24/7 EKSPRESS AS: årsregnskap 2010 vs 2009

Shrank 28% on revenue, slipped into loss

approved 2011-06-30; registry 2011-08-04; journal 2011 559018

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for 24/7 EKSPRESS AS. Revenue 6.41m NOK → 4.64m NOK (-27.7%). Net result +700.7k NOK → -430.9k NOK. Equity 1.31m NOK → 4.87m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
6.41m NOK 4.64m NOK
-27.7%
Operating result
+983.6k NOK -410.5k NOK
-141.7%
Net result
+700.7k NOK -430.9k NOK
-161.5%
Equity
1.31m NOK 4.87m NOK
+273.5%
Total assets
2.76m NOK 1.94m NOK
-29.6%

What improved

  • ↑

    Equity strengthened

    Book equity 1.31m NOK → 4.87m NOK (equity ratio 47.2% → 250.7%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.41m NOK to 4.64m NOK (-27.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +983.6k NOK → -410.5k NOK (op. margin 15.3% → -8.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 700.7k NOK profit to a loss of 430.9k NOK. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 887.9k NOK → 1.07m NOK (14% → 23% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 455.3k NOK → 1.28m NOK (+180.6% YoY). Calculated