Org.nr 992 257 687 2009 → 2010 Year-over-year analysis

365 IDEER AS: årsregnskap 2010 vs 2009

Shrank 30% on revenue

approved 2011-06-01; registry 2011-08-31; journal 2011 663265

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for 365 IDEER AS. Revenue 4.26m NOK → 2.96m NOK (-30.4%). Equity 396.3k NOK → 344.8k 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 365 IDEER AS.

At a glance

Revenue

4.26m NOK 2.96m NOK

-30.4%

Operating result

+210.1k NOK -49.6k NOK

-123.6%

Equity

396.3k NOK 344.8k NOK

-13.0%

Total assets

908.2k NOK 566.0k NOK

-37.7%

↑
Payroll decreased

Salary cost 295.3k NOK → 285.8k NOK (7% → 10% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.26m NOK to 2.96m NOK (-30.4% YoY). Calculated
↓
Operating result weakened

Operating result +210.1k NOK → -49.6k NOK (op. margin 4.9% → -1.7%). Calculated
↓
Equity eroded

Book equity 396.3k NOK → 344.8k NOK (equity ratio 43.6% → 60.9%). Calculated