ABK MACHINES AS: årsregnskap 2010 vs 2009
Grew 155% on revenue, returned to profit
approved 2011-05-19; registry 2011-09-05; journal 2011 704022
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABK MACHINES AS. Revenue 3.82m NOK → 9.74m NOK (+155.0%). Net result -37.1k NOK → +173.2k NOK.
On the constructive side: revenue rose; operating result improved; turned profitable.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABK MACHINES AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.82m NOK to 9.74m NOK (+155.0% YoY). Calculated
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↑
Operating result improved
Operating result -37.2k NOK → +193.0k NOK (op. margin -1.0% → 2.0%). Calculated
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↑
Turned profitable
Net result flipped from a loss of 37.1k NOK to a profit of 173.2k NOK. Calculated
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↑
Cash rose
Bank deposits 42.5k NOK → 346.6k NOK (+715.6% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 77.4k NOK → 2.49m NOK (2% → 26% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 3.64m NOK → 8.93m NOK (+145.6% YoY). Calculated