A.L. HØYER AS: årsregnskap 2010 vs 2009
Shrank 27% on revenue, weaker earnings
approved 2011-04-04; registry 2011-04-06; journal 2011 331044
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A.L. HØYER AS. Revenue 26.84m NOK → 19.46m NOK (-27.5%). Net result +1.09m NOK → +192.4k NOK. Equity 2.68m NOK → 1.12m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A.L. HØYER AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 26.84m NOK to 19.46m NOK (-27.5% YoY). Calculated
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↓
Operating result weakened
Operating result +324.7k NOK → +206.9k NOK (op. margin 1.2% → 1.1%). Calculated
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↓
Net result weakened
Net result +1.09m NOK → +192.4k NOK (net margin 4.1% → 1.0%). Calculated
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↓
Equity eroded
Book equity 2.68m NOK → 1.12m NOK (equity ratio 35.3% → 15.6%). Calculated
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↓
Cash fell
Bank deposits 4.33m NOK → 3.19m NOK (-26.3% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 10.68m NOK → 4.60m NOK (-56.9% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 281.6k NOK → 339.0k NOK. Reported fact