Org.nr 991 545 980 2008 → 2009 Year-over-year analysis

3 NORSKE HANDEL OG INDUSTRI AS: årsregnskap 2009 vs 2008

Grew 868% on revenue, stronger earnings

approved 2010-06-10; registry 2010-09-02; journal 2010 686656

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for 3 NORSKE HANDEL OG INDUSTRI AS. Revenue 936 NOK → 9 065 NOK (+868.5%). Net result +100.0k NOK → +4.95m NOK. Equity 7 100 NOK → 10 NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.

Also worth watching: paid-in equity reduced; book investments changed. All figures are taken from the published annual accounts for 3 NORSKE HANDEL OG INDUSTRI AS.

Scorecard

Revenue
936 NOK 9 065 NOK
+868.5%
Operating result
+105.9k NOK +2.23m NOK
+2010.1%
Net result
+100.0k NOK +4.95m NOK
+4850.9%
Equity
7 100 NOK 10 NOK
-99.9%
Total assets
123 NOK 72 NOK
-41.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 936 NOK to 9 065 NOK (+868.5% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +105.9k NOK → +2.23m NOK (op. margin 11309.6% → 24641.3%). Calculated

  • ↑

    Net result improved

    Net result +100.0k NOK → +4.95m NOK (net margin 10683.8% → 54615.6%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 7 100 NOK → 10 NOK (equity ratio 5772.4% → 13.9%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 100.0k NOK → 10.1k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    Book investments changed

    Investment / intangible book value 119 NOK → 62.8k NOK. Reported fact