FirmaIQ
Org.nr 962 367 593 2009 → 2010 Year-over-year analysis

AB ELEKTRISK AS: årsregnskap 2010 vs 2009

Grew 23% on revenue, stronger earnings

approved 2011-06-30; registry 2011-08-31; journal 2011 668997

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AB ELEKTRISK AS. Revenue 2.83m NOK → 3.47m NOK (+22.6%). Net result +35.5k NOK → +153.0k NOK. Equity 579.2k NOK → 502.2k NOK.

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

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AB ELEKTRISK AS.

At a glance

Scorecard

Revenue
2.83m NOK 3.47m NOK
+22.6%
Operating result
+59.6k NOK +219.7k NOK
+268.8%
Net result
+35.5k NOK +153.0k NOK
+330.5%
Equity
579.2k NOK 502.2k NOK
-13.3%
Total assets
2.62m NOK 3.18m NOK
+21.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 2.83m NOK to 3.47m NOK (+22.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +59.6k NOK → +219.7k NOK (op. margin 2.1% → 6.3%). Calculated

  • ↑

    Net result improved

    Net result +35.5k NOK → +153.0k NOK (net margin 1.3% → 4.4%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 579.2k NOK → 502.2k NOK (equity ratio 22.1% → 15.8%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.36m NOK → 1.50m NOK (48% → 43% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 847.2k NOK → 964.4k NOK (+13.8% YoY). Calculated