Org.nr 977 250 293 2008 → 2009 Year-over-year analysis

A 1 BYGGMESTER JOHAN AS: årsregnskap 2009 vs 2008

Grew 224% on revenue, stronger earnings

approved 2011-05-12; registry 2011-05-19; journal 2011 371264

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for A 1 BYGGMESTER JOHAN AS. Revenue 1.04m NOK → 3.36m NOK (+224.4%). Net result +114.6k NOK → +1.02bn NOK. Equity 494.5k NOK → 552.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: thin equity buffer; payroll increased; cogs fell. All figures are taken from the published annual accounts for A 1 BYGGMESTER JOHAN AS.

Scorecard

Revenue
1.04m NOK 3.36m NOK
+224.4%
Operating result
+114.9k NOK +1.59m NOK
+1286.6%
Net result
+114.6k NOK +1.02bn NOK
+891725.8%
Equity
494.5k NOK 552.5k NOK
+11.7%
Cash
133.8k NOK 390.2k NOK
+191.6%
Total assets
4.93m NOK 6.42m NOK
+30.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.04m NOK to 3.36m NOK (+224.4% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +114.9k NOK → +1.59m NOK (op. margin 11.1% → 47.4%). Calculated

  • ↑

    Net result improved

    Net result +114.6k NOK → +1.02bn NOK (net margin 11.1% → 30419.6%). Calculated

  • ↑

    Equity strengthened

    Book equity 494.5k NOK → 552.5k NOK (equity ratio 10.0% → 8.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 133.8k NOK → 390.2k NOK (+191.6% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 8.6% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 6 426 NOK → 1.14m NOK (1% → 34% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 274.2k NOK → 215.4k NOK (-21.4% YoY). Calculated