FirmaIQ
Org.nr 964 217 890 2009 → 2010 Year-over-year analysis

A PEDERSEN-MJAANES AS: årsregnskap 2010 vs 2009

Grew 8% on revenue, stronger earnings

approved 2011-06-14; registry 2011-07-02; journal 2011 464141

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A PEDERSEN-MJAANES AS. Revenue 3.25m NOK → 3.53m NOK (+8.5%). Net result +2 009 NOK → +269.29bn NOK. Equity 903.2k NOK → 1 172 NOK.

On the constructive side: revenue rose; net result improved. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; cogs moved. All figures are taken from the published annual accounts for A PEDERSEN-MJAANES AS.

At a glance

Scorecard

Revenue
3.25m NOK 3.53m NOK
+8.5%
Operating result
n/m +367.9k NOK
—
Net result
+2 009 NOK +269.29bn NOK
+13404043112.2%
Equity
903.2k NOK 1 172 NOK
-99.9%
Total assets
1.95m NOK 1.61m NOK
-17.2%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.25m NOK to 3.53m NOK (+8.5% YoY). Calculated

  • ↑

    Net result improved

    Net result +2 009 NOK → +269.29bn NOK (net margin 0.1% → 7635368.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 903.2k NOK → 1 172 NOK (equity ratio 46.4% → 0.1%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 0.1% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 406.3k NOK → 433.7k NOK (12% → 12% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.26m NOK → 2.45m NOK (+8.2% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 5 100 NOK → 100 NOK. Reported fact