FirmaIQ
Org.nr 988 591 637 2008 → 2009 Year-over-year analysis

A MARKUSSEN HOLDING AS: årsregnskap 2009 vs 2008

Shrank 21% on revenue, weaker earnings

approved 2010-06-30; registry 2010-09-08; journal 2010 737240

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A MARKUSSEN HOLDING AS. Revenue 80.06m NOK → 63.20m NOK (-21.1%). Net result +5.16m NOK → +2.94m NOK. Equity 8.00m NOK → 8.60m NOK.

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

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A MARKUSSEN HOLDING AS.

At a glance

Scorecard

Revenue
80.06m NOK 63.20m NOK
-21.1%
Net result
+5.16m NOK +2.94m NOK
-43.0%
Equity
8.00m NOK 8.60m NOK
+7.5%
Total assets
9.21m NOK 9.85m NOK
+6.9%

What improved

  • ↑

    Equity strengthened

    Book equity 8.00m NOK → 8.60m NOK (equity ratio 86.9% → 87.4%). Calculated

  • ↑

    Payroll decreased

    Salary cost 24.28m NOK → 18.41m NOK (30% → 29% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 80.06m NOK to 63.20m NOK (-21.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +5.16m NOK → +2.94m NOK (net margin 6.4% → 4.7%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 33.60m NOK → 24.04m NOK (-28.5% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 6.91m NOK → 6.65m NOK. Reported fact