AB SERVICE AS: årsregnskap 2010 vs 2009
Shrank 17% on revenue, slipped into loss
approved 2011-06-20; registry 2011-07-12; journal 2011 493221
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AB SERVICE AS. Revenue 3.74m NOK → 3.11m NOK (-16.8%). Net result +154.5k NOK → -169.7k NOK. Equity 383.6k NOK → 213.9k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; fell into a net loss; equity eroded.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
-
↑
Payroll decreased
Salary cost 1.77m NOK → 1.63m NOK (47% → 52% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 3.74m NOK to 3.11m NOK (-16.8% YoY). Calculated
-
↓
Fell into a net loss
Net result flipped from 154.5k NOK profit to a loss of 169.7k NOK. Calculated
-
↓
Equity eroded
Book equity 383.6k NOK → 213.9k NOK (equity ratio 29.8% → 21.7%). Calculated
-
↓
COGS moved
COGS / varekostnad 919.8k NOK → 952.8k NOK (+3.6% YoY). Calculated