A JONASSEN AS: årsregnskap 2009 vs 2008
Weaker earnings
approved 2010-03-09; registry 2010-03-15
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A JONASSEN AS. Revenue 5.27m NOK → 5.49m NOK (+4.2%). Net result +421.3k NOK → +306.7k NOK. Equity 203.9k NOK → 102.8k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for A JONASSEN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.27m NOK to 5.49m NOK (+4.2% YoY). Calculated
-
↑
Current ratio back above 1×
Current ratio 0.04× → 1.03×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +523.9k NOK → +460.5k NOK (op. margin 9.9% → 8.4%). Calculated
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↓
Net result weakened
Net result +421.3k NOK → +306.7k NOK (net margin 8.0% → 5.6%). Calculated
-
↓
Equity eroded
Book equity 203.9k NOK → 102.8k NOK (equity ratio 246.4% → 12.6%). Calculated
Things to notice
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·
Payroll increased
Salary cost 658.2k NOK → 726.8k NOK (12% → 13% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.62m NOK → 3.89m NOK (+7.6% YoY). Calculated