Org.nr 985 233 632 2009 → 2010 Year-over-year analysis

2TAL ELEKTRO AS: årsregnskap 2010 vs 2009

Shrank 37% on revenue

approved 2011-02-22; registry 2011-08-02; journal 2011 553246

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for 2TAL ELEKTRO AS. Revenue 31.73m NOK → 20.07m NOK (-36.8%).

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; cash fell.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for 2TAL ELEKTRO AS.

Scorecard

Revenue
31.73m NOK 20.07m NOK
-36.8%
Cash
5.89m NOK 4.83m NOK
-18.0%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.79× → 1.11×. Calculated

  • ↑

    Payroll decreased

    Salary cost 8.92m NOK → 6.84m NOK (28% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.73m NOK to 20.07m NOK (-36.8% YoY). Calculated

  • ↓

    Cash fell

    Bank deposits 5.89m NOK → 4.83m NOK (-18.0% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 15.06m NOK → 8.57m NOK (-43.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 72.2k NOK → 74.1k NOK. Reported fact