A ENG AS: årsregnskap 2010 vs 2009
Stronger earnings
approved 2011-01-27; registry 2011-08-23; journal 2011 622493
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A ENG AS. Revenue 1.60m NOK → 1.67m NOK (+4.4%). Net result +190.2k NOK → +339.9k NOK. Equity 2.07m NOK → 1.91m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A ENG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.60m NOK to 1.67m NOK (+4.4% YoY). Calculated
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↑
Operating result improved
Operating result +264.6k NOK → +489.8k NOK (op. margin 16.5% → 29.3%). Calculated
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↑
Net result improved
Net result +190.2k NOK → +339.9k NOK (net margin 11.9% → 20.3%). Calculated
What deteriorated
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↓
Equity eroded
Book equity 2.07m NOK → 1.91m NOK (equity ratio 66.2% → 59.7%). Calculated
Things to notice
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·
Payroll increased
Salary cost 577.7k NOK → 595.9k NOK (36% → 36% of revenue). Calculated