Org.nr 980 864 820 2009 → 2010 Year-over-year analysis

70 NORDVEKST AS: årsregnskap 2010 vs 2009

Grew 10% on revenue

approved 2011-06-16; registry 2011-07-05; journal 2011 472267

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for 70 NORDVEKST AS. Revenue 6.99m NOK → 7.68m NOK (+9.9%). Equity -34.4k NOK → 71.3k NOK.

On the constructive side: revenue rose; equity strengthened. Pressures included: cash fell.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for 70 NORDVEKST AS.

Scorecard

Revenue
6.99m NOK 7.68m NOK
+9.9%
Operating result
n/m +461.2k NOK
—
Net result
n/m +105.8k NOK
—
Equity
-34.4k NOK 71.3k NOK
+307.1%
Cash
724.6k NOK 556.1k NOK
-23.3%
Total assets
9.92m NOK 10.07m NOK
+1.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 6.99m NOK to 7.68m NOK (+9.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity -34.4k NOK → 71.3k NOK (equity ratio -0.3% → 0.7%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 724.6k NOK → 556.1k NOK (-23.3% YoY). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 2 NOK → 3.87m NOK (0% → 50% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 153.7k NOK → 1.25m NOK (+715.3% YoY). Calculated