FirmaIQ
Org.nr 916 591 144 2009 → 2010 Year-over-year analysis

A/S SØRENSEN OG BALCHEN: årsregnskap 2010 vs 2009

Grew 1127% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A/S SØRENSEN OG BALCHEN. Revenue 1.34bn NOK → 16.44bn NOK (+1127.4%). Net result +38.38m NOK → +50.40m NOK. Equity 166.02m NOK → 202.72m NOK.

On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: cash fell.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for A/S SØRENSEN OG BALCHEN.

At a glance

Scorecard

Revenue
1.34bn NOK 16.44bn NOK
+1127.4%
Operating result
n/m +58.74m NOK
—
Net result
+38.38m NOK +50.40m NOK
+31.3%
Equity
166.02m NOK 202.72m NOK
+22.1%
Cash
7.63m NOK 6.22m NOK
-18.5%
Total assets
278.70m NOK 297.54m NOK
+6.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.34bn NOK to 16.44bn NOK (+1127.4% YoY). Calculated

  • ↑

    Net result improved

    Net result +38.38m NOK → +50.40m NOK (net margin 2.9% → 0.3%). Calculated

  • ↑

    Equity strengthened

    Book equity 166.02m NOK → 202.72m NOK (equity ratio 59.6% → 68.1%). Calculated

What deteriorated

  • ↓

    Cash fell

    Bank deposits 7.63m NOK → 6.22m NOK (-18.5% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 191.78m NOK → 249.38m NOK (+30.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.70m NOK → 111.95m NOK. Reported fact