Org.nr 841 564 812 2008 → 2009 Year-over-year analysis

A KARLSEN & SØNN AS: årsregnskap 2009 vs 2008

Shrank 39% on revenue, cash halved-plus

approved 2010-06-30; registry 2010-09-01; journal 2010 679532

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A KARLSEN & SØNN AS. Revenue 2.78m NOK → 1.69m NOK (-39.3%). Equity 953.5k NOK → 753.0k NOK.

Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A KARLSEN & SØNN AS.

At a glance

Revenue

2.78m NOK 1.69m NOK

-39.3%

Net result

+382.5k NOK n/m

—

Equity

953.5k NOK 753.0k NOK

-21.0%

Cash

689.6k NOK 285.2k NOK

-58.6%

Total assets

2.26m NOK 1.88m NOK

-17.1%

↓
Revenue fell

Operating income / revenue moved from 2.78m NOK to 1.69m NOK (-39.3% YoY). Calculated
↓
Equity eroded

Book equity 953.5k NOK → 753.0k NOK (equity ratio 42.1% → 40.1%). Calculated
↓
Cash fell

Bank deposits 689.6k NOK → 285.2k NOK (-58.6% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 1.00m NOK → 1.01m NOK (36% → 60% of revenue). Calculated

·
COGS fell

COGS / varekostnad 735.6k NOK → 505.1k NOK (-31.3% YoY). Calculated