3T STJØRDAL AS: årsregnskap 2009 vs 2008
Grew 8% on revenue, stronger earnings
approved 2010-06-30; registry 2010-09-04; journal 2010 698410
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for 3T STJØRDAL AS. Revenue 7.74m NOK → 8.32m NOK (+7.5%). Net result +61.4k NOK → +136.6k NOK. Equity 1 115 NOK → 580.2k NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 3T STJØRDAL AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 7.74m NOK to 8.32m NOK (+7.5% YoY). Calculated
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↑
Operating result improved
Operating result +360.9k NOK → +1.59m NOK (op. margin 4.7% → 19.1%). Calculated
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↑
Net result improved
Net result +61.4k NOK → +136.6k NOK (net margin 0.8% → 1.6%). Calculated
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↑
Equity strengthened
Book equity 1 115 NOK → 580.2k NOK (equity ratio 0.0% → 10.0%). Calculated
What deteriorated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.92× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 2.80m NOK → 3.11m NOK (36% → 37% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 150.7k NOK → 164.3k NOK (+9.0% YoY). Calculated