Org.nr 970 985 832 2009 → 2010 Year-over-year analysis

AB LIFTUTLEIE AS: årsregnskap 2010 vs 2009

Shrank 23% on revenue

approved 2011-06-15; registry 2011-09-10; journal 2011 745047

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AB LIFTUTLEIE AS. Revenue 7.94m NOK → 6.11m NOK (-23.1%). Equity 3.37m NOK → 2.77m NOK.

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

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

At a glance

Revenue

7.94m NOK 6.11m NOK

-23.1%

Operating result

+18.3k NOK -755.8k NOK

-4222.0%

Equity

3.37m NOK 2.77m NOK

-17.9%

Cash

488.6k NOK 956.6k NOK

+95.8%

Total assets

6.82m NOK 5.46m NOK

-19.9%

↑
Cash rose

Bank deposits 488.6k NOK → 956.6k NOK (+95.8% YoY). Calculated
↑
Payroll decreased

Salary cost 1.70m NOK → 2 010 NOK (21% → 0% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 7.94m NOK to 6.11m NOK (-23.1% YoY). Calculated
↓
Operating result weakened

Operating result +18.3k NOK → -755.8k NOK (op. margin 0.2% → -12.4%). Calculated
↓
Equity eroded

Book equity 3.37m NOK → 2.77m NOK (equity ratio 49.5% → 50.7%). Calculated