FirmaIQ
Org.nr 963 544 731 2008 → 2009 Year-over-year analysis

A. HANSEN GRUPPEN AS: årsregnskap 2009 vs 2008

Grew 12% on revenue, cash halved-plus

approved 2010-05-11; registry 2010-09-08; journal 2010 726840

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A. HANSEN GRUPPEN AS. Revenue 56.78m NOK → 63.49m NOK (+11.8%). Equity 6.62m NOK → 2.80m NOK.

On the constructive side: revenue rose. Pressures included: equity eroded; cash fell; 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. HANSEN GRUPPEN AS.

At a glance

Scorecard

Revenue
56.78m NOK 63.49m NOK
+11.8%
Equity
6.62m NOK 2.80m NOK
-57.7%
Cash
6.46m NOK 3.20m NOK
-50.4%
Total assets
16.71m NOK 14.12m NOK
-15.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.78m NOK to 63.49m NOK (+11.8% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 6.62m NOK → 2.80m NOK (equity ratio 39.6% → 19.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.46m NOK → 3.20m NOK (-50.4% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.60× → 0.29× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 18.27m NOK → 20.00m NOK (32% → 31% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 26.52m NOK → 35.08m NOK (+32.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 350.0k NOK → 700 NOK. Reported fact