Org.nr 977 362 105 2009 → 2010 Year-over-year analysis

A-REISER AS: årsregnskap 2010 vs 2009

Mixed movements in the accounts

approved 2011-01-14; registry 2011-04-06; journal 2011 328870

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A-REISER AS. Revenue 6.18m NOK → 6.17m NOK (-0.2%). Equity 271.9k NOK → 103.8k NOK.

On the constructive side: current ratio back above 1×. 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-REISER AS.

At a glance

Revenue

6.18m NOK 6.17m NOK

-0.2%

Operating result

+168.9k NOK +100.8k NOK

-40.3%

Equity

271.9k NOK 103.8k NOK

-61.8%

Total assets

1.17m NOK 821.2k NOK

-29.8%

↓
Revenue fell

Operating income / revenue moved from 6.18m NOK to 6.17m NOK (-0.2% YoY). Calculated
↓
Operating result weakened

Operating result +168.9k NOK → +100.8k NOK (op. margin 2.7% → 1.6%). Calculated
↓
Equity eroded

Book equity 271.9k NOK → 103.8k NOK (equity ratio 23.2% → 12.6%). Calculated
↓
Payroll up without matching revenue

Salary cost 601.8k NOK → 713.8k NOK (10% → 12% of revenue). Calculated