FirmaIQ
Org.nr 988 376 442 2009 → 2010 Year-over-year analysis

A. LARSEN HUSFLID AS: årsregnskap 2010 vs 2009

Slipped into loss

approved 2011-06-10; registry 2011-09-10; journal 2011 739575

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A. LARSEN HUSFLID AS. Revenue 2.14m NOK → 2.04m NOK (-4.9%). Net result +313.3k NOK → -387.9k NOK. Equity 1.03m NOK → 638.7k NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
2.14m NOK 2.04m NOK
-4.9%
Operating result
+449.7k NOK -365.4k NOK
-181.3%
Net result
+313.3k NOK -387.9k NOK
-223.8%
Equity
1.03m NOK 638.7k NOK
-37.8%
Total assets
1.45m NOK 954.1k NOK
-34.1%

What improved

  • ↑

    Current ratio back above 1×

    Current ratio 0.85× → 2.60×. Calculated

  • ↑

    Payroll decreased

    Salary cost 2.17m NOK → 331.0k NOK (101% → 16% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 2.14m NOK to 2.04m NOK (-4.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +449.7k NOK → -365.4k NOK (op. margin 21.0% → -17.9%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 313.3k NOK profit to a loss of 387.9k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 1.03m NOK → 638.7k NOK (equity ratio 70.9% → 66.9%). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 1.19m NOK → 1.66m NOK (+39.6% YoY). Calculated