A/S Sigba Eiendom: årsregnskap 2009 vs 2008
Mixed movements in the accounts
approved 2010-05-28; registry 2010-07-19; journal 2010 520844
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A/S Sigba Eiendom. Revenue 10.09m NOK → 9.98m NOK (-1.0%). Equity 7.10m NOK → 8.78m NOK.
On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.
Net tougher year on the published lines.
At a glance
Scorecard
Revenue
10.09m NOK
9.98m NOK
-1.0%
Operating result
+5.81m NOK
+4.82m NOK
-17.0%
Equity
7.10m NOK
8.78m NOK
+23.7%
Total assets
67.19m NOK
64.50m NOK
-4.0%
What improved
-
↑
Equity strengthened
Book equity 7.10m NOK → 8.78m NOK (equity ratio 10.6% → 13.6%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 10.09m NOK to 9.98m NOK (-1.0% YoY). Calculated
-
↓
Operating result weakened
Operating result +5.81m NOK → +4.82m NOK (op. margin 57.6% → 48.3%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 2 008 NOK → 1.20m NOK (0% → 12% of revenue). Calculated