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Org.nr 980 438 538 2008 → 2009 Year-over-year analysis

A.K.WALLØE EIENDOM AS: årsregnskap 2009 vs 2008

Shrank 14% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A.K.WALLØE EIENDOM AS. Revenue 4.56m NOK → 3.92m NOK (-14.1%). Net result +513.8k NOK → +162.7k NOK. Equity 2.00m NOK → 2.17m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A.K.WALLØE EIENDOM AS.

At a glance

Scorecard

Revenue
4.56m NOK 3.92m NOK
-14.1%
Operating result
+724.2k NOK +250.7k NOK
-65.4%
Net result
+513.8k NOK +162.7k NOK
-68.3%
Equity
2.00m NOK 2.17m NOK
+8.1%
Total assets
3.41m NOK 3.36m NOK
-1.4%

What improved

  • ↑

    Equity strengthened

    Book equity 2.00m NOK → 2.17m NOK (equity ratio 58.8% → 64.4%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.14× → 1.79×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.19m NOK → 2 NOK (48% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.56m NOK to 3.92m NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +724.2k NOK → +250.7k NOK (op. margin 15.9% → 6.4%). Calculated

  • ↓

    Net result weakened

    Net result +513.8k NOK → +162.7k NOK (net margin 11.3% → 4.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 925.7k NOK → 87.2k NOK (-90.6% YoY). Calculated