FirmaIQ
Org.nr 959 643 350 2009 → 2010 Year-over-year analysis

A TITLESTAD AS: årsregnskap 2010 vs 2009

Grew 15% on revenue

approved 2011-02-15; registry 2011-02-17; journal 2011 304146

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A TITLESTAD AS. Revenue 3.73m NOK → 4.30m NOK (+15.3%). Net result +156.3k NOK → +171.0k NOK. Equity 626.3k NOK → 597.3k NOK.

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

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

At a glance

Scorecard

Revenue
3.73m NOK 4.30m NOK
+15.3%
Operating result
+214.2k NOK +235.6k NOK
+10.0%
Net result
+156.3k NOK +171.0k NOK
+9.4%
Equity
626.3k NOK 597.3k NOK
-4.6%
Cash
421.2k NOK 485.2k NOK
+15.2%
Total assets
1.48m NOK 1.48m NOK
+0.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.73m NOK to 4.30m NOK (+15.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +214.2k NOK → +235.6k NOK (op. margin 5.7% → 5.5%). Calculated

  • ↑

    Net result improved

    Net result +156.3k NOK → +171.0k NOK (net margin 4.2% → 4.0%). Calculated

  • ↑

    Cash rose

    Bank deposits 421.2k NOK → 485.2k NOK (+15.2% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.99× → 1.11×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 626.3k NOK → 597.3k NOK (equity ratio 42.4% → 40.4%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 1.05m NOK → 1.56m NOK (+49.3% YoY). Calculated