FirmaIQ
Org.nr 947 803 476 2008 → 2009 Year-over-year analysis

A & B JERNVARE AS: årsregnskap 2009 vs 2008

Shrank 17% on revenue, weaker earnings

approved 2010-06-20; registry 2010-08-26; journal 2010 648871

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A & B JERNVARE AS. Revenue 5.22m NOK → 4.35m NOK (-16.6%). Net result +290.2k NOK → +50.5k NOK. Equity 1.37m NOK → 1.42m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A & B JERNVARE AS.

At a glance

Scorecard

Revenue
5.22m NOK 4.35m NOK
-16.6%
Operating result
+428.9k NOK +84.3k NOK
-80.3%
Net result
+290.2k NOK +50.5k NOK
-82.6%
Equity
1.37m NOK 1.42m NOK
+3.7%
Total assets
2.65m NOK 2.65m NOK
-0.2%

What improved

  • ↑

    Equity strengthened

    Book equity 1.37m NOK → 1.42m NOK (equity ratio 51.4% → 53.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 5.22m NOK to 4.35m NOK (-16.6% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +428.9k NOK → +84.3k NOK (op. margin 8.2% → 1.9%). Calculated

  • ↓

    Net result weakened

    Net result +290.2k NOK → +50.5k NOK (net margin 5.6% → 1.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.01m NOK → 1.09m NOK (19% → 25% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 3.10m NOK → 2.59m NOK (-16.4% YoY). Calculated