Org.nr 984 722 575 2009 → 2010 Year-over-year analysis

A PEDERSEN KYSTFISKEBÅT AS: årsregnskap 2010 vs 2009

Shrank 17% on revenue, cash halved-plus

approved 2011-05-27; registry 2011-06-22; journal 2011 428604

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A PEDERSEN KYSTFISKEBÅT AS. Revenue 845.6k NOK → 700.2k NOK (-17.2%). Equity 889.9k NOK → 875.9k NOK.

On the constructive side: current ratio back above 1×; payroll decreased. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A PEDERSEN KYSTFISKEBÅT AS.

At a glance

Revenue

845.6k NOK 700.2k NOK

-17.2%

Operating result

+60.9k NOK +18.9k NOK

-69.0%

Net result

n/m -14.0k NOK

—

Equity

889.9k NOK 875.9k NOK

-1.6%

Cash

74.1k NOK 35.1k NOK

-52.7%

Total assets

2.25m NOK 2.09m NOK

-7.2%

↑
Current ratio back above 1×

Current ratio 0.61× → 1.21×. Calculated
↑
Payroll decreased

Salary cost 118.39bn NOK → 216.2k NOK (14001687% → 31% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 845.6k NOK to 700.2k NOK (-17.2% YoY). Calculated
↓
Operating result weakened

Operating result +60.9k NOK → +18.9k NOK (op. margin 7.2% → 2.7%). Calculated
↓
Equity eroded

Book equity 889.9k NOK → 875.9k NOK (equity ratio 39.6% → 42.0%). Calculated
↓
Cash fell

Bank deposits 74.1k NOK → 35.1k NOK (-52.7% YoY). Calculated