FirmaIQ
Org.nr 990 821 097 2008 → 2009 Year-over-year analysis

62 NORD AS: årsregnskap 2009 vs 2008

Grew 20% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for 62 NORD AS. Revenue 15.12m NOK → 18.11m NOK (+19.8%). Net result -6.78m NOK → -4.69m NOK. Equity 10.40m NOK → 9.06m NOK.

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

Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for 62 NORD AS.

At a glance

Scorecard

Revenue
15.12m NOK 18.11m NOK
+19.8%
Operating result
+6.52m NOK -5.00m NOK
-176.7%
Net result
-6.78m NOK -4.69m NOK
+30.8%
Equity
10.40m NOK 9.06m NOK
-12.9%
Total assets
53.00m NOK 41.03m NOK
-22.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.12m NOK to 18.11m NOK (+19.8% YoY). Calculated

  • ↑

    Net result improved

    Net result -6.78m NOK → -4.69m NOK (net margin -44.8% → -25.9%). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.52m NOK → -5.00m NOK (op. margin 43.2% → -27.6%). Calculated

  • ↓

    Equity eroded

    Book equity 10.40m NOK → 9.06m NOK (equity ratio 19.6% → 22.1%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.13m NOK → 6.18m NOK (41% → 34% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 5.69m NOK → 8.42m NOK (+48.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 23.5k NOK → 2 917 NOK. Reported fact