A. WAAG & CO. AS: årsregnskap 2010 vs 2009
Shrank 29% on revenue
approved 2011-05-19; registry 2011-05-31; journal 2011 380975
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for A. WAAG & CO. AS. Revenue 7.80m NOK → 5.53m NOK (-29.1%). Equity 872 NOK → 926.1k NOK.
On the constructive side: operating result improved; equity strengthened; payroll decreased. Pressures included: revenue fell.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for A. WAAG & CO. AS.
At a glance
Scorecard
What improved
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↑
Operating result improved
Operating result +569.3k NOK → +688.2k NOK (op. margin 7.3% → 12.4%). Calculated
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↑
Equity strengthened
Book equity 872 NOK → 926.1k NOK (equity ratio 0.0% → 31.2%). Calculated
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↑
Payroll decreased
Salary cost 3.27m NOK → 3.01m NOK (42% → 54% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 7.80m NOK to 5.53m NOK (-29.1% YoY). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 2.26m NOK → 1.08m NOK (-52.2% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 158.2k NOK → 160.2k NOK. Reported fact