3B-FIBREGLASS NORWAY AS: årsregnskap 2009 vs 2008
Shrank 12% on revenue, stronger earnings
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 3B-FIBREGLASS NORWAY AS. Revenue 300.3k NOK → 265.2k NOK (-11.7%). Net result -34.6k NOK → -5 514 NOK. Equity 212.2k NOK → 13.21m NOK.
On the constructive side: operating result improved; net result improved; equity strengthened. Pressures included: revenue fell.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for 3B-FIBREGLASS NORWAY AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result -30.6k NOK → -8 738 NOK (op. margin -10.2% → -3.3%). Calculated
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↑
Net result improved
Net result -34.6k NOK → -5 514 NOK (net margin -11.5% → -2.1%). Calculated
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↑
Equity strengthened
Book equity 212.2k NOK → 13.21m NOK (equity ratio 70.3% → 4045.8%). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 300.3k NOK to 265.2k NOK (-11.7% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 76.9k NOK → 56.4k NOK (-26.8% YoY). Calculated