A-K MASKINER AS: årsregnskap 2009 vs 2008
Grew 7% on revenue, stronger earnings, cash halved-plus
approved 2010-06-23; registry 2010-08-25; journal 2010 637375
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A-K MASKINER AS. Revenue 1.02bn NOK → 1.09bn NOK (+6.7%). Net result -41.67m NOK → -14.62m NOK. Equity 2.11bn NOK → 134.17m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for A-K MASKINER AS.
At a glance
Scorecard
What improved
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Revenue rose
Operating income / revenue moved from 1.02bn NOK to 1.09bn NOK (+6.7% YoY). Calculated
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Operating result improved
Operating result -31.33m NOK → -13.36m NOK (op. margin -3.1% → -1.2%). Calculated
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Net result improved
Net result -41.67m NOK → -14.62m NOK (net margin -4.1% → -1.3%). Calculated
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Owners injected capital
Paid-in equity rose 25.91m NOK → 134.17m NOK (+108.26m NOK). Reported fact
What deteriorated
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↓
Equity eroded
Book equity 2.11bn NOK → 134.17m NOK (equity ratio 393.3% → 22.6%). Calculated
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↓
Cash fell
Bank deposits 4.66m NOK → 2.02m NOK (-56.7% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 8.16bn NOK → 8.17bn NOK (801% → 751% of revenue). Calculated
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COGS moved
COGS / varekostnad 800.90m NOK → 831.58m NOK (+3.8% YoY). Calculated
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Book investments changed
Investment / intangible book value 21.19m NOK → 1 000 NOK. Reported fact