FirmaIQ
Org.nr 938 106 827 2009 → 2010 Year-over-year analysis

A L Høyer Askim AS: årsregnskap 2010 vs 2009

Shrank 12% on revenue, weaker earnings

approved 2011-06-30; registry 2011-07-13; journal 2011 502001

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A L Høyer Askim AS. Revenue 4.44m NOK → 3.90m NOK (-12.3%). Net result +101.3k NOK → +42.7k NOK. Equity 821.8k NOK → 778.0k NOK.

On the constructive side: payroll decreased. Pressures included: revenue fell; net result weakened; equity eroded.

Also worth watching: paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for A L Høyer Askim AS.

At a glance

Scorecard

Revenue
4.44m NOK 3.90m NOK
-12.3%
Net result
+101.3k NOK +42.7k NOK
-57.9%
Equity
821.8k NOK 778.0k NOK
-5.3%
Total assets
1.73m NOK 1.64m NOK
-5.3%

What improved

  • ↑

    Payroll decreased

    Salary cost 3.28m NOK → 2.94m NOK (74% → 76% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.44m NOK to 3.90m NOK (-12.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +101.3k NOK → +42.7k NOK (net margin 2.3% → 1.1%). Calculated

  • ↓

    Equity eroded

    Book equity 821.8k NOK → 778.0k NOK (equity ratio 47.5% → 47.5%). Calculated

Things to notice

  • ·

    Paid-in equity reduced

    Paid-in equity fell 250.0k NOK → 227.5k NOK — check capital reduction, conversion, or reclassification. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 109.1k NOK → 19.3k NOK (-82.3% YoY). Calculated