FirmaIQ
Org.nr 990 008 957 2009 → 2010 Year-over-year analysis

A. GJERDE EIENDOM AS: årsregnskap 2010 vs 2009

Grew 12% on revenue, weaker earnings, cash halved-plus

approved 2011-06-30; registry 2011-09-10; journal 2011 746949

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A. GJERDE EIENDOM AS. Revenue 1.63m NOK → 1.83m NOK (+11.9%). Net result +724.5k NOK → +429.4k NOK. Equity 2.35m NOK → 2.78m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. GJERDE EIENDOM AS.

At a glance

Scorecard

Revenue
1.63m NOK 1.83m NOK
+11.9%
Operating result
+769.4k NOK +947.6k NOK
+23.2%
Net result
+724.5k NOK +429.4k NOK
-40.7%
Equity
2.35m NOK 2.78m NOK
+18.3%
Cash
160.9k NOK -13.8k NOK
-108.6%
Total assets
11.08m NOK 19.21m NOK
+73.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.63m NOK to 1.83m NOK (+11.9% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +769.4k NOK → +947.6k NOK (op. margin 47.1% → 51.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.35m NOK → 2.78m NOK (equity ratio 21.2% → 14.5%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +724.5k NOK → +429.4k NOK (net margin 44.3% → 23.5%). Calculated

  • ↓

    Cash fell

    Bank deposits 160.9k NOK → -13.8k NOK (-108.6% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 450.0k NOK → 4 750 NOK (-98.9% YoY). Calculated