A JOHANSEN AS: årsregnskap 2009 vs 2008
Shrank 13% on revenue
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A JOHANSEN AS. Revenue 39.02m NOK → 33.93m NOK (-13.0%). Equity 4.98m NOK → 4.92m NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A JOHANSEN AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 5.27m NOK → 4.47m NOK (14% → 13% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 39.02m NOK to 33.93m NOK (-13.0% YoY). Calculated
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↓
Operating result weakened
Operating result +3.46m NOK → +3.21m NOK (op. margin 8.9% → 9.5%). Calculated
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↓
Equity eroded
Book equity 4.98m NOK → 4.92m NOK (equity ratio 16.3% → 19.0%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.05× → 0.99× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 32.39m NOK → 14.90m NOK (-54.0% YoY). Calculated