A EGGEN AS: årsregnskap 2009 vs 2008
Grew 6% on revenue, returned to profit, cash halved-plus
approved 2010-06-30; registry 2010-08-31; journal 2010 665433
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A EGGEN AS. Revenue 8.29m NOK → 8.81m NOK (+6.2%). Net result -125.3k NOK → +257.7k NOK. Equity 2.75m NOK → 3.01m NOK.
On the constructive side: revenue rose; turned profitable; equity strengthened. Pressures included: cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A EGGEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 8.29m NOK to 8.81m NOK (+6.2% YoY). Calculated
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↑
Turned profitable
Net result flipped from a loss of 125.3k NOK to a profit of 257.7k NOK. Calculated
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↑
Equity strengthened
Book equity 2.75m NOK → 3.01m NOK (equity ratio 63.4% → 62.5%). Calculated
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↑
Payroll decreased
Salary cost 2.05m NOK → 1.83m NOK (25% → 21% of revenue). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 481.2k NOK → 162.0k NOK (-66.3% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 4.64m NOK → 5.15m NOK (+11.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7 627 NOK → 55.8k NOK. Reported fact