Org.nr 947 038 400 2008 → 2009 Year-over-year analysis

A/S SørMek: årsregnskap 2009 vs 2008

Slipped into loss

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for A/S SørMek. Net result +192.4k NOK → -42.5k NOK. Equity 969.2k NOK → 926.7k NOK.

On the constructive side: cash rose; payroll decreased. Pressures included: operating result weakened; fell into a net loss; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A/S SørMek.

At a glance

Revenue

n/m 14.71m NOK

—

Operating result

+1.05m NOK +517.4k NOK

-50.7%

Net result

+192.4k NOK -42.5k NOK

-122.1%

Equity

969.2k NOK 926.7k NOK

-4.4%

Cash

221.8k NOK 238.9k NOK

+7.8%

Total assets

14.06m NOK 12.97m NOK

-7.7%

↓
Operating result weakened

Operating result +1.05m NOK → +517.4k NOK. Calculated
↓
Fell into a net loss

Net result flipped from 192.4k NOK profit to a loss of 42.5k NOK. Calculated
↓
Equity eroded

Book equity 969.2k NOK → 926.7k NOK (equity ratio 6.9% → 7.1%). Calculated