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Org.nr 931 904 485 2008 → 2009 Year-over-year analysis

A LEVERSUND & CO AS: årsregnskap 2009 vs 2008

Shrank 28% on revenue, weaker earnings, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A LEVERSUND & CO AS. Revenue 13.23m NOK → 9.52m NOK (-28.0%). Net result +310.3k NOK → +13.2k NOK. Equity 905.2k NOK → 528.4k NOK.

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

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

At a glance

Scorecard

Revenue
13.23m NOK 9.52m NOK
-28.0%
Operating result
+416.8k NOK +13.5k NOK
-96.8%
Net result
+310.3k NOK +13.2k NOK
-95.7%
Equity
905.2k NOK 528.4k NOK
-41.6%
Cash
347.3k NOK 111.8k NOK
-67.8%

What improved

  • ↑

    Payroll decreased

    Salary cost 8.89m NOK → 1.39m NOK (67% → 15% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 13.23m NOK to 9.52m NOK (-28.0% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +416.8k NOK → +13.5k NOK (op. margin 3.2% → 0.1%). Calculated

  • ↓

    Net result weakened

    Net result +310.3k NOK → +13.2k NOK (net margin 2.3% → 0.1%). Calculated

  • ↓

    Equity eroded

    Book equity 905.2k NOK → 528.4k NOK. Calculated

  • ↓

    Cash fell

    Bank deposits 347.3k NOK → 111.8k NOK (-67.8% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 10.22m NOK → 6.32m NOK (-38.2% YoY). Calculated