Org.nr 851 668 292 2008 → 2009 Year-over-year analysis

A SANDBERG AS: årsregnskap 2009 vs 2008

Shrank 7% on revenue

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for A SANDBERG AS. Revenue 27.54m NOK → 25.67m NOK (-6.8%). Equity 917.3k NOK → 100.9k NOK.

On the constructive side: operating result improved. Pressures included: revenue fell; equity eroded.

Also worth watching: thin equity buffer; cogs fell; book investments changed. All figures are taken from the published annual accounts for A SANDBERG AS.

Scorecard

Revenue
27.54m NOK 25.67m NOK
-6.8%
Operating result
+310.9k NOK +423.4k NOK
+36.2%
Equity
917.3k NOK 100.9k NOK
-89.0%
Total assets
2.92m NOK 3.18m NOK
+8.6%

What improved

  • ↑

    Operating result improved

    Operating result +310.9k NOK → +423.4k NOK (op. margin 1.1% → 1.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 27.54m NOK to 25.67m NOK (-6.8% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 917.3k NOK → 100.9k NOK (equity ratio 31.4% → 3.2%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS fell

    COGS / varekostnad 23.25m NOK → 21.33m NOK (-8.3% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 435.0k NOK → 484.4k NOK. Reported fact