FirmaIQ
Org.nr 989 384 619 2008 → 2009 Year-over-year analysis

A&B SCANDINAVIA AS: årsregnskap 2009 vs 2008

Shrank 17% on revenue

approved 2010-06-25; registry 2010-07-21; journal 2010 534561

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A&B SCANDINAVIA AS. Revenue 11.35m NOK → 9.40m NOK (-17.2%). Equity 219.5k NOK → 2.88m NOK.

On the constructive side: equity strengthened; cash rose. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A&B SCANDINAVIA AS.

At a glance

Scorecard

Revenue
11.35m NOK 9.40m NOK
-17.2%
Operating result
+2.48m NOK +909.0k NOK
-63.3%
Net result
n/m +1.83m NOK
—
Equity
219.5k NOK 2.88m NOK
+1213.6%
Cash
2.42m NOK 2.67m NOK
+10.5%
Total assets
3.68m NOK 3.89m NOK
+5.7%

What improved

  • ↑

    Equity strengthened

    Book equity 219.5k NOK → 2.88m NOK (equity ratio 6.0% → 74.2%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.42m NOK → 2.67m NOK (+10.5% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 11.35m NOK to 9.40m NOK (-17.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.48m NOK → +909.0k NOK (op. margin 21.8% → 9.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.83m NOK → 1.87m NOK (16% → 20% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 6.39m NOK → 5.77m NOK (-9.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 175.2k NOK → 58.0k NOK. Reported fact