FirmaIQ
Org.nr 932 056 674 2008 → 2009 Year-over-year analysis

A. LANGKAAS & SØNN AS: årsregnskap 2009 vs 2008

Weaker earnings

approved 2010-05-04; registry 2010-06-01; journal 2010 393823

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A. LANGKAAS & SØNN AS. Revenue 4.26m NOK → 4.12m NOK (-3.3%). Net result +886.9k NOK → +523.5k NOK. Equity 3.21m NOK → 3.73m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

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

At a glance

Scorecard

Revenue
4.26m NOK 4.12m NOK
-3.3%
Net result
+886.9k NOK +523.5k NOK
-41.0%
Equity
3.21m NOK 3.73m NOK
+16.3%
Total assets
6.66m NOK 6.25m NOK
-6.1%

What improved

  • ↑

    Equity strengthened

    Book equity 3.21m NOK → 3.73m NOK (equity ratio 48.2% → 59.8%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 4.26m NOK to 4.12m NOK (-3.3% YoY). Calculated

  • ↓

    Net result weakened

    Net result +886.9k NOK → +523.5k NOK (net margin 20.8% → 12.7%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.02m NOK → 2.99m NOK (24% → 73% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 47.6k NOK → 22.4k NOK (-52.8% YoY). Calculated