A BJØRNSTAD AS: årsregnskap 2009 vs 2008
Shrank 55% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A BJØRNSTAD AS. Revenue 1.77m NOK → 787.6k NOK (-55.4%). Net result +175.4k NOK → +118.0k NOK. Equity 1.15m NOK → 1.27m NOK.
On the constructive side: equity strengthened; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Mixed year — gains and pressures both show up.
At a glance
Scorecard
What improved
-
↑
Equity strengthened
Book equity 1.15m NOK → 1.27m NOK (equity ratio 12.6% → 14.7%). Calculated
-
↑
Payroll decreased
Salary cost 231.0k NOK → -194.1k NOK (13% → -25% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.77m NOK to 787.6k NOK (-55.4% YoY). Calculated
-
↓
Operating result weakened
Operating result +555.7k NOK → +512.3k NOK (op. margin 31.4% → 65.0%). Calculated
-
↓
Net result weakened
Net result +175.4k NOK → +118.0k NOK (net margin 9.9% → 15.0%). Calculated