Org.nr 980 378 616 2009 → 2010 Year-over-year analysis

3T STJØRDAL AS: årsregnskap 2010 vs 2009

Shrank 100% on revenue, stronger earnings

approved 2011-06-30; registry 2011-09-07; journal 2011 722447

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for 3T STJØRDAL AS. Revenue 8.32m NOK → 1 NOK (-100.0%). Net result +136.6k NOK → +445.4k NOK. Equity 580.2k NOK → 425.6k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for 3T STJØRDAL AS.

Scorecard

Revenue
8.32m NOK 1 NOK
-100.0%
Operating result
+1.59m NOK +703.6k NOK
-55.8%
Net result
+136.6k NOK +445.4k NOK
+226.2%
Equity
580.2k NOK 425.6k NOK
-26.6%
Total assets
5.80m NOK 3.95m NOK
-31.8%

What improved

  • ↑

    Net result improved

    Net result +136.6k NOK → +445.4k NOK (net margin 1.6% → 44542800.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.32m NOK to 1 NOK (-100.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +1.59m NOK → +703.6k NOK (op. margin 19.1% → 70355600.0%). Calculated

  • ↓

    Equity eroded

    Book equity 580.2k NOK → 425.6k NOK (equity ratio 10.0% → 10.8%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 3.11m NOK → 3.49m NOK (37% → 348850500% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 164.3k NOK → 175.5k NOK (+6.8% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 10.0k NOK → 10 NOK. Reported fact