Org.nr 953 081 202 2009 → 2010 Year-over-year analysis

A JØRGENSEN AS: årsregnskap 2010 vs 2009

Shrank 64% on revenue

approved 2011-04-29; registry 2011-05-24; journal 2011 373664

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for A JØRGENSEN AS. Revenue 137.4k NOK → 50.0k NOK (-63.6%). Equity 880.8k NOK → 868.2k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A JØRGENSEN AS.

Scorecard

Revenue
137.4k NOK 50.0k NOK
-63.6%
Equity
880.8k NOK 868.2k NOK
-1.4%
Cash
217 NOK 385 NOK
+77.4%
Total assets
1.25m NOK 993.0k NOK
-20.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 87.5k NOK → 4 932 NOK (64% → 10% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 137.4k NOK to 50.0k NOK (-63.6% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 880.8k NOK → 868.2k NOK (equity ratio 70.2% → 87.4%). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 173.4k NOK → 74.3k NOK. Reported fact