A HELGESEN EIENDOM AS: årsregnskap 2009 vs 2008
Mixed movements in the accounts
approved 2010-05-14; registry 2010-05-22
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A HELGESEN EIENDOM AS. Revenue 1.38m NOK → 1.35m NOK (-2.2%). Equity 5.14m NOK → 4.96m NOK.
Pressures included: revenue fell; equity eroded; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
1.38m NOK
1.35m NOK
-2.2%
Equity
5.14m NOK
4.96m NOK
-3.6%
Cash
597.5k NOK
557.6k NOK
-6.7%
Total assets
7.86m NOK
7.07m NOK
-10.1%
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 1.38m NOK to 1.35m NOK (-2.2% YoY). Calculated
-
↓
Equity eroded
Book equity 5.14m NOK → 4.96m NOK (equity ratio 65.4% → 70.1%). Calculated
-
↓
Cash fell
Bank deposits 597.5k NOK → 557.6k NOK (-6.7% YoY). Calculated
-
↓
Payroll up without matching revenue
Salary cost 244.4k NOK → 386.7k NOK (18% → 29% of revenue). Calculated