FirmaIQ
Org.nr 929 165 446 2008 → 2009 Year-over-year analysis

A ENG AS: årsregnskap 2009 vs 2008

Shrank 12% on revenue, weaker earnings

approved 2010-02-12; registry 2010-07-19; journal 2010 523065

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A ENG AS. Revenue 1.81m NOK → 1.60m NOK (-11.7%). Net result +406.3k NOK → +190.2k NOK. Equity 2.28m NOK → 2.07m NOK.

Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A ENG AS.

At a glance

Scorecard

Revenue
1.81m NOK 1.60m NOK
-11.7%
Operating result
n/m +264.6k NOK
—
Net result
+406.3k NOK +190.2k NOK
-53.2%
Equity
2.28m NOK 2.07m NOK
-9.2%
Total assets
3.51m NOK 3.13m NOK
-10.9%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.81m NOK to 1.60m NOK (-11.7% YoY). Calculated

  • ↓

    Net result weakened

    Net result +406.3k NOK → +190.2k NOK (net margin 22.4% → 11.9%). Calculated

  • ↓

    Equity eroded

    Book equity 2.28m NOK → 2.07m NOK (equity ratio 64.9% → 66.2%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 526.7k NOK → 577.7k NOK (29% → 36% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 26.0k NOK → 25.0k NOK. Reported fact