FirmaIQ
Org.nr 918 227 865 2009 → 2010 Year-over-year analysis

ABC STORMARKED AS: årsregnskap 2010 vs 2009

Grew 10% on revenue, weaker earnings

approved 2011-06-16; registry 2011-08-18; journal 2011 606987

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ABC STORMARKED AS. Revenue 4.63m NOK → 5.09m NOK (+9.9%). Net result +3.77m NOK → +2.52m NOK. Equity 493.3k NOK → 2.58m NOK.

On the constructive side: revenue rose; equity strengthened; cash rose. Pressures included: operating result weakened; net result weakened.

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

At a glance

Scorecard

Revenue
4.63m NOK 5.09m NOK
+9.9%
Operating result
+238.1k NOK -104.4k NOK
-143.8%
Net result
+3.77m NOK +2.52m NOK
-33.2%
Equity
493.3k NOK 2.58m NOK
+423.9%
Cash
6.39m NOK 10.32m NOK
+61.5%
Total assets
11.55m NOK 16.48m NOK
+42.7%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 4.63m NOK to 5.09m NOK (+9.9% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 493.3k NOK → 2.58m NOK (equity ratio 4.3% → 15.7%). Calculated

  • ↑

    Cash rose

    Bank deposits 6.39m NOK → 10.32m NOK (+61.5% YoY). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +238.1k NOK → -104.4k NOK (op. margin 5.1% → -2.0%). Calculated

  • ↓

    Net result weakened

    Net result +3.77m NOK → +2.52m NOK (net margin 81.4% → 49.5%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 1.29m NOK → 1.61m NOK (28% → 32% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 2.63m NOK → 3.27m NOK (+24.1% YoY). Calculated