Org.nr 916 050 356 2008 → 2009 Year-over-year analysis

A C SMITH EIENDOM AS: årsregnskap 2009 vs 2008

Stronger earnings

approved 2010-06-30; registry 2010-07-14; journal 2010 505622

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for A C SMITH EIENDOM AS. Revenue 1.16m NOK → 1.17m NOK (+0.6%). Net result +365.6k NOK → +601.1k NOK. Equity 2.24m NOK → 2.84m NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: current ratio dropped below 1×.

Net constructive year on the published lines.

Scorecard

Revenue
1.16m NOK 1.17m NOK
+0.6%
Operating result
+5 020 NOK +1.01m NOK
+19956.0%
Net result
+365.6k NOK +601.1k NOK
+64.4%
Equity
2.24m NOK 2.84m NOK
+26.9%
Total assets
7.84m NOK 7.70m NOK
-1.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.16m NOK to 1.17m NOK (+0.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +5 020 NOK → +1.01m NOK (op. margin 0.4% → 86.0%). Calculated

  • ↑

    Net result improved

    Net result +365.6k NOK → +601.1k NOK (net margin 31.4% → 51.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.24m NOK → 2.84m NOK (equity ratio 28.5% → 36.9%). Calculated

What deteriorated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.20× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated