A/S LANDÅSVEIEN 5 & 7: årsregnskap 2009 vs 2008
Grew 9% on revenue, slipped into loss
approved 2010-04-23; registry 2010-05-01
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A/S LANDÅSVEIEN 5 & 7. Revenue 340.2k NOK → 372.2k NOK (+9.4%). Net result +66.4k NOK → -8 331 NOK. Equity 528.4k NOK → 520.1k NOK.
On the constructive side: revenue rose; current ratio back above 1×. Pressures included: operating result weakened; fell into a net loss; equity eroded.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for A/S LANDÅSVEIEN 5 & 7.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 340.2k NOK to 372.2k NOK (+9.4% YoY). Calculated
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↑
Current ratio back above 1×
Current ratio 0.76× → 9.50×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result +129.8k NOK → +96.0k NOK (op. margin 38.2% → 25.8%). Calculated
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↓
Fell into a net loss
Net result flipped from 66.4k NOK profit to a loss of 8 331 NOK. Calculated
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↓
Equity eroded
Book equity 528.4k NOK → 520.1k NOK (equity ratio 328.0% → 18.2%). Calculated
Things to notice
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·
Payroll increased
Salary cost 19.6k NOK → 36.1k NOK (6% → 10% of revenue). Calculated