Org.nr 959 610 738 2008 → 2009 Year-over-year analysis

A-TRYKK AS: årsregnskap 2009 vs 2008

Another loss-making year

approved 2011-02-15; registry 2011-02-17; journal 2011 304086

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for A-TRYKK AS. Revenue 594.7k NOK → 588.8k NOK (-1.0%). Equity 52.0k NOK → -6 940 NOK.

Pressures included: revenue fell; equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer. All figures are taken from the published annual accounts for A-TRYKK AS.

Scorecard

Revenue
594.7k NOK 588.8k NOK
-1.0%
Net result
n/m -58.9k NOK
—
Equity
52.0k NOK -6 940 NOK
-113.4%
Total assets
324.5k NOK 313.3k NOK
-3.4%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 594.7k NOK to 588.8k NOK (-1.0% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 52.0k NOK → -6 940 NOK (equity ratio 16.0% → -2.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.12× → 0.95× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 151.5k NOK → 184.3k NOK (25% → 31% of revenue). Calculated

  • ↓

    COGS moved

    COGS / varekostnad 214.9k NOK → 277.1k NOK (+28.9% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -2.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation