A/S Sigba Eiendom: årsregnskap 2010 vs 2009
Mixed movements in the accounts
approved 2011-05-03; registry 2011-08-10; journal 2011 571540
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A/S Sigba Eiendom. Revenue 9.98m NOK → 9.50m NOK (-4.9%). Equity 8.78m NOK → 8.95m 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
9.98m NOK
9.50m NOK
-4.9%
Operating result
+4.82m NOK
+4.39m NOK
-9.1%
Equity
8.78m NOK
8.95m NOK
+2.0%
Total assets
64.50m NOK
60.73m NOK
-5.8%
What improved
-
↑
Equity strengthened
Book equity 8.78m NOK → 8.95m NOK (equity ratio 13.6% → 14.7%). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 9.98m NOK to 9.50m NOK (-4.9% YoY). Calculated
-
↓
Operating result weakened
Operating result +4.82m NOK → +4.39m NOK (op. margin 48.3% → 46.2%). Calculated
-
↓
Payroll up without matching revenue
Salary cost 1.20m NOK → 1.43m NOK (12% → 15% of revenue). Calculated