FirmaIQ
Org.nr 974 493 411 2009 → 2010 Year-over-year analysis

A B MATTESERVICE AS: årsregnskap 2010 vs 2009

Grew 31% on revenue

approved 2011-02-18; registry 2011-02-23; journal 2011 304986

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A B MATTESERVICE AS. Revenue 12.93m NOK → 16.99m NOK (+31.4%). Equity 866.5k NOK → -566.9k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A B MATTESERVICE AS.

At a glance

Scorecard

Revenue
12.93m NOK 16.99m NOK
+31.4%
Equity
866.5k NOK -566.9k NOK
-165.4%
Total assets
4.86m NOK 4.27m NOK
-12.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 12.93m NOK to 16.99m NOK (+31.4% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 866.5k NOK → -566.9k NOK (equity ratio 17.8% → -13.3%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -13.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 9.15m NOK → 11.03m NOK (71% → 65% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 1.49m NOK → 1.85m NOK (+24.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1.80m NOK → 250.0k NOK. Reported fact