FirmaIQ
Org.nr 937 665 660 2009 → 2010 Year-over-year analysis

A. WESTRE AS: årsregnskap 2010 vs 2009

Shrank 56% on revenue, fresh owner capital

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A. WESTRE AS. Revenue 35.96m NOK → 15.80m NOK (-56.1%). Equity 2.32m NOK → 2.33m NOK.

On the constructive side: equity strengthened; current ratio back above 1×; owners injected capital. Pressures included: revenue fell; operating result weakened.

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

At a glance

Scorecard

Revenue
35.96m NOK 15.80m NOK
-56.1%
Operating result
+666.7k NOK +351.0k NOK
-47.4%
Equity
2.32m NOK 2.33m NOK
+0.2%
Total assets
16.72m NOK 14.42m NOK
-13.7%

What improved

  • ↑

    Equity strengthened

    Book equity 2.32m NOK → 2.33m NOK (equity ratio 13.9% → 16.1%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.35×. Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 100.0k NOK → 1.10m NOK (+1.00m NOK). Reported fact

  • ↑

    Payroll decreased

    Salary cost 11.37m NOK → 3.45m NOK (32% → 22% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 35.96m NOK to 15.80m NOK (-56.1% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +666.7k NOK → +351.0k NOK (op. margin 1.9% → 2.2%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.90m NOK → 5.21m NOK (-65.0% YoY). Calculated