FirmaIQ
Org.nr 911 374 919 2008 → 2009 Year-over-year analysis

A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP: årsregnskap 2009 vs 2008

Weaker earnings

approved 2010-06-07; registry 2010-08-13; journal 2010 588616

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP. Revenue 2.44m NOK → 2.49m NOK (+2.0%). Net result +269.7k NOK → 0 NOK. Equity 3.88m NOK → 4.85m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened.

Also worth watching: payroll increased; book investments changed. All figures are taken from the published annual accounts for A/S ELEKTRISK PRODUKTION EIENDOMSSELSKAP.

At a glance

Scorecard

Revenue
2.44m NOK 2.49m NOK
+2.0%
Operating result
+1.23m NOK +1.55m NOK
+26.3%
Net result
+269.7k NOK 0 NOK
-100.0%
Equity
3.88m NOK 4.85m NOK
+25.0%
Cash
1.21m NOK 1.41m NOK
+16.5%
Total assets
7.13m NOK 6.54m NOK
-8.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.44m NOK to 2.49m NOK (+2.0% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.23m NOK → +1.55m NOK (op. margin 50.3% → 62.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 3.88m NOK → 4.85m NOK (equity ratio 54.4% → 74.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.21m NOK → 1.41m NOK (+16.5% YoY). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +269.7k NOK → 0 NOK (net margin 11.1% → 0.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 28.5k NOK → 68.5k NOK (1% → 3% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 2 NOK → 206.9k NOK. Reported fact