FirmaIQ
Org.nr 876 494 892 2009 → 2010 Year-over-year analysis

A. SPORT AS: årsregnskap 2010 vs 2009

Shrank 14% on revenue, weaker earnings

approved 2011-06-23; registry 2011-09-06; journal 2011 710778

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A. SPORT AS. Revenue 9.14m NOK → 7.88m NOK (-13.8%). Net result +746.1k NOK → +481.8k NOK. Equity 405.9k NOK → 1.89m NOK.

On the constructive side: operating result improved; equity strengthened. Pressures included: revenue fell; net result weakened; payroll up without matching revenue.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for A. SPORT AS.

At a glance

Scorecard

Revenue
9.14m NOK 7.88m NOK
-13.8%
Operating result
+43.5k NOK +718.6k NOK
+1552.9%
Net result
+746.1k NOK +481.8k NOK
-35.4%
Equity
405.9k NOK 1.89m NOK
+365.1%
Total assets
2.98m NOK 2.97m NOK
-0.5%

What improved

  • ↑

    Operating result improved

    Operating result +43.5k NOK → +718.6k NOK (op. margin 0.5% → 9.1%). Calculated

  • ↑

    Equity strengthened

    Book equity 405.9k NOK → 1.89m NOK (equity ratio 13.6% → 63.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 9.14m NOK to 7.88m NOK (-13.8% YoY). Calculated

  • ↓

    Net result weakened

    Net result +746.1k NOK → +481.8k NOK (net margin 8.2% → 6.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.31m NOK → 2.97m NOK (14% → 38% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 5.69m NOK → 5.01m NOK (-12.0% YoY). Calculated