A TIL Å ENTREPRENØR AS: årsregnskap 2009 vs 2008
Shrank 38% on revenue, weaker earnings
approved 2010-04-19; registry 2010-05-06
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for A TIL Å ENTREPRENØR AS. Revenue 82.68m NOK → 51.27m NOK (-38.0%). Net result +2.80m NOK → +2.13m NOK.
On the constructive side: cash rose; payroll decreased. Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell. All figures are taken from the published annual accounts for A TIL Å ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Cash rose
Bank deposits 2.30m NOK → 4.79m NOK (+108.2% YoY). Calculated
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↑
Payroll decreased
Salary cost 12.22m NOK → 10.26m NOK (15% → 20% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 82.68m NOK to 51.27m NOK (-38.0% YoY). Calculated
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↓
Operating result weakened
Operating result +3.77m NOK → +3.24m NOK (op. margin 4.6% → 6.3%). Calculated
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↓
Net result weakened
Net result +2.80m NOK → +2.13m NOK (net margin 3.4% → 4.2%). Calculated
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↓
Current ratio dropped below 1×
Current ratio 1.13× → 0.40× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 62.72m NOK → 34.24m NOK (-45.4% YoY). Calculated