A C SMITH EIENDOM AS: årsregnskap 2009 vs 2008
Stronger earnings
approved 2010-06-30; registry 2010-07-14; journal 2010 505622
Summary
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.
At a glance
Scorecard
What improved
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↑
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
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↑
Net result improved
Net result +365.6k NOK → +601.1k NOK (net margin 31.4% → 51.3%). Calculated
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↑
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