Org.nr 944 763 317 2009 → 2010 Year-over-year analysis

A/S SCAN AFRICAN: årsregnskap 2010 vs 2009

Shrank 39% on revenue

approved 2011-05-02; registry 2011-06-21; journal 2011 428160

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A/S SCAN AFRICAN. Revenue 2.96m NOK → 1.79m NOK (-39.4%). Equity 2.32m NOK → 2.31m NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; equity eroded.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S SCAN AFRICAN.

At a glance

Revenue

2.96m NOK 1.79m NOK

-39.4%

Equity

2.32m NOK 2.31m NOK

-0.2%

Cash

1.24m NOK 1.43m NOK

+15.3%

Total assets

5.13m NOK 5.11m NOK

-0.4%

↑
Cash rose

Bank deposits 1.24m NOK → 1.43m NOK (+15.3% YoY). Calculated
↑
Payroll decreased

Salary cost 638.7k NOK → 549.2k NOK (22% → 31% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 2.96m NOK to 1.79m NOK (-39.4% YoY). Calculated
↓
Equity eroded

Book equity 2.32m NOK → 2.31m NOK (equity ratio 45.1% → 45.3%). Calculated

·
Book investments changed

Investment / intangible book value 10.07m NOK → 8.16m NOK. Reported fact