FirmaIQ
Org.nr 989 384 619 2009 → 2010 Year-over-year analysis

A&B SCANDINAVIA AS: årsregnskap 2010 vs 2009

Shrank 50% on revenue, slipped into loss, cash halved-plus

approved 2011-06-14; registry 2011-06-28; journal 2011 445609

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A&B SCANDINAVIA AS. Revenue 9.40m NOK → 4.67m NOK (-50.3%). Net result +1.83m NOK → -1617.89bn NOK. Equity 2.88m NOK → 1.27m NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

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
9.40m NOK 4.67m NOK
-50.3%
Operating result
+909.0k NOK -1.60m NOK
-275.5%
Net result
+1.83m NOK -1617.89bn NOK
-88450236.1%
Equity
2.88m NOK 1.27m NOK
-56.1%
Cash
2.67m NOK 1.25m NOK
-53.3%
Total assets
3.89m NOK 1.60m NOK
-58.9%

What improved

  • ↑

    Payroll decreased

    Salary cost 1.87m NOK → 1.70m NOK (20% → 36% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.40m NOK to 4.67m NOK (-50.3% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +909.0k NOK → -1.60m NOK (op. margin 9.7% → -34.2%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 1.83m NOK profit to a loss of 1617.89bn NOK. Calculated

  • ↓

    Equity eroded

    Book equity 2.88m NOK → 1.27m NOK (equity ratio 74.2% → 79.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 2.67m NOK → 1.25m NOK (-53.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.77m NOK → 2.84m NOK (-50.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 58.0k NOK → 276.3k NOK. Reported fact