FirmaIQ
Org.nr 982 428 645 2008 → 2009 Year-over-year analysis

AB SNEKKERN AS: årsregnskap 2009 vs 2008

A steady year on the published lines

approved 2010-06-15; registry 2010-09-02; journal 2010 687924

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AB SNEKKERN AS. Revenue 10.32m NOK → 10.69m NOK (+3.6%). Net result +908.5k NOK → +931.3k NOK. Equity 1.95m NOK → 1.88m NOK.

On the constructive side: revenue rose; cash rose; current ratio back above 1×. Pressures included: equity eroded.

Also worth watching: payroll increased; cogs fell; book investments changed. All figures are taken from the published annual accounts for AB SNEKKERN AS.

At a glance

Scorecard

Revenue
10.32m NOK 10.69m NOK
+3.6%
Net result
+908.5k NOK +931.3k NOK
+2.5%
Equity
1.95m NOK 1.88m NOK
-3.5%
Cash
229.6k NOK 1.70m NOK
+639.3%
Total assets
5.34m NOK 5.18m NOK
-2.9%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 10.32m NOK to 10.69m NOK (+3.6% YoY). Calculated

  • ↑

    Cash rose

    Bank deposits 229.6k NOK → 1.70m NOK (+639.3% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.92× → 1.03×. Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 1.95m NOK → 1.88m NOK (equity ratio 36.6% → 36.4%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 6.39m NOK → 6.43m NOK (62% → 60% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 1.04m NOK → 350.8k NOK (-66.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 3 377 NOK → 51.1k NOK. Reported fact