Org.nr 930 892 386 2008 → 2009 Year-over-year analysis

A/S LANDÅSVEIEN 5 & 7: årsregnskap 2009 vs 2008

Grew 9% on revenue, slipped into loss

approved 2010-04-23; registry 2010-05-01

Full company analysis · All year comparisons

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.

Scorecard

Revenue
340.2k NOK 372.2k NOK
+9.4%
Operating result
+129.8k NOK +96.0k NOK
-26.0%
Net result
+66.4k NOK -8 331 NOK
-112.5%
Equity
528.4k NOK 520.1k NOK
-1.6%
Total assets
161.1k NOK 2.85m NOK
+1669.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 340.2k NOK to 372.2k NOK (+9.4% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.76× → 9.50×. Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +129.8k NOK → +96.0k NOK (op. margin 38.2% → 25.8%). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 66.4k NOK profit to a loss of 8 331 NOK. Calculated

  • ↓

    Equity eroded

    Book equity 528.4k NOK → 520.1k NOK (equity ratio 328.0% → 18.2%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 19.6k NOK → 36.1k NOK (6% → 10% of revenue). Calculated