FirmaIQ
Org.nr 989 376 977 2008 → 2009 Year-over-year analysis

A. KVAM AS: årsregnskap 2009 vs 2008

Weaker earnings, cash halved-plus

approved 2010-05-27; registry 2010-07-22; journal 2010 544059

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A. KVAM AS. Revenue 11.68m NOK → 11.72m NOK (+0.3%). Net result +941.5k NOK → +26.9k NOK. Equity 2.55m NOK → 3.43m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.

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

At a glance

Scorecard

Revenue
11.68m NOK 11.72m NOK
+0.3%
Operating result
+1.40m NOK +1.46m NOK
+4.3%
Net result
+941.5k NOK +26.9k NOK
-97.1%
Equity
2.55m NOK 3.43m NOK
+34.3%
Cash
723.9k NOK 258.8k NOK
-64.3%
Total assets
5.69m NOK 7.12m NOK
+25.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 11.68m NOK to 11.72m NOK (+0.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.40m NOK → +1.46m NOK (op. margin 12.0% → 12.5%). Calculated

  • ↑

    Equity strengthened

    Book equity 2.55m NOK → 3.43m NOK (equity ratio 44.9% → 48.2%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +941.5k NOK → +26.9k NOK (net margin 8.1% → 0.2%). Calculated

  • ↓

    Cash fell

    Bank deposits 723.9k NOK → 258.8k NOK (-64.3% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.66m NOK → 4.56m NOK (-2.1% YoY). Calculated