A EGGEN AS: årsregnskap 2010 vs 2009
Grew 8% on revenue
approved 2011-06-30; registry 2011-07-12; journal 2011 495345
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A EGGEN AS. Revenue 8.81m NOK → 9.48m NOK (+7.6%). Net result +257.7k NOK → +236.2k NOK. Equity 3.01m NOK → 3.24m NOK.
On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: net result weakened; current ratio dropped below 1×.
Also worth watching: payroll increased; 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 8.81m NOK to 9.48m NOK (+7.6% YoY). Calculated
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↑
Equity strengthened
Book equity 3.01m NOK → 3.24m NOK (equity ratio 62.5% → 57.7%). Calculated
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↑
Cash rose
Bank deposits 162.0k NOK → 1.70m NOK (+949.8% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +257.7k NOK → +236.2k NOK (net margin 2.9% → 2.5%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 2.28× → 0.72× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
Payroll increased
Salary cost 1.83m NOK → 2.47m NOK (21% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 5.15m NOK → 5.29m NOK (+2.7% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 55.8k NOK → 59.7k NOK. Reported fact