FirmaIQ
Org.nr 947 454 838 2008 → 2009 Year-over-year analysis

A/S Hørtefossen: årsregnskap 2009 vs 2008

Shrank 14% on revenue

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A/S Hørtefossen. Revenue 6.71m NOK → 5.77m NOK (-14.1%). Net result +700.8k NOK → +795.5k NOK. Equity 4.53m NOK → 5.32m NOK.

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

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S Hørtefossen.

At a glance

Scorecard

Revenue
6.71m NOK 5.77m NOK
-14.1%
Operating result
+481.92m NOK +1 031 NOK
-100.0%
Net result
+700.8k NOK +795.5k NOK
+13.5%
Equity
4.53m NOK 5.32m NOK
+17.6%
Cash
2.94m NOK 3.54m NOK
+20.6%
Total assets
6.82m NOK 7.43m NOK
+8.9%

What improved

  • ↑

    Net result improved

    Net result +700.8k NOK → +795.5k NOK (net margin 10.4% → 13.8%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.53m NOK → 5.32m NOK (equity ratio 66.4% → 71.6%). Calculated

  • ↑

    Cash rose

    Bank deposits 2.94m NOK → 3.54m NOK (+20.6% YoY). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.10m NOK → 1.97m NOK (31% → 34% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 6.71m NOK to 5.77m NOK (-14.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +481.92m NOK → +1 031 NOK (op. margin 7179.7% → 0.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 2.71m NOK → 1.92m NOK (-29.2% YoY). Calculated