ABC-RØR AS: årsregnskap 2010 vs 2009
Grew 23% on revenue, stronger earnings
approved 2011-06-30; registry 2011-07-30; journal 2011 549407
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABC-RØR AS. Revenue 5.99m NOK → 7.35m NOK (+22.7%). Net result +338.1k NOK → +817.8k NOK. Equity 1.39m NOK → 1.70m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ABC-RØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.99m NOK to 7.35m NOK (+22.7% YoY). Calculated
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↑
Net result improved
Net result +338.1k NOK → +817.8k NOK (net margin 5.6% → 11.1%). Calculated
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↑
Equity strengthened
Book equity 1.39m NOK → 1.70m NOK (equity ratio 51.1% → 46.9%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +461.4k NOK → +153.0k NOK (op. margin 7.7% → 2.1%). Calculated
Things to notice
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·
Payroll increased
Salary cost 2.07m NOK → 2.35m NOK (35% → 32% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 2.48m NOK → 2.86m NOK (+15.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4 000 NOK → 134.2k NOK. Reported fact