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Org.nr 991 977 430 2009 → 2010 Year-over-year analysis

A2G EIENDOMSDRIFT OG LOGISTIKK AS: årsregnskap 2010 vs 2009

Grew 30% on revenue, weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for A2G EIENDOMSDRIFT OG LOGISTIKK AS. Revenue 15.18m NOK → 19.78m NOK (+30.3%). Net result +1.60m NOK → +770.9k NOK. Equity 2.12m NOK → 305.4k NOK.

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

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for A2G EIENDOMSDRIFT OG LOGISTIKK AS.

At a glance

Scorecard

Revenue
15.18m NOK 19.78m NOK
+30.3%
Operating result
+62.3k NOK +736.2k NOK
+1081.4%
Net result
+1.60m NOK +770.9k NOK
-51.8%
Equity
2.12m NOK 305.4k NOK
-85.6%
Cash
5.85m NOK 4.01m NOK
-31.5%
Total assets
7.51m NOK 6.92m NOK
-7.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.18m NOK to 19.78m NOK (+30.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +62.3k NOK → +736.2k NOK (op. margin 0.4% → 3.7%). Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +1.60m NOK → +770.9k NOK (net margin 10.5% → 3.9%). Calculated

  • ↓

    Equity eroded

    Book equity 2.12m NOK → 305.4k NOK (equity ratio 28.3% → 4.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 5.85m NOK → 4.01m NOK (-31.5% YoY). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 4.4% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 38.1k NOK → 3.39m NOK (+8779.5% YoY). Calculated