Org.nr 962 238 742 2009 → 2010 Year-over-year analysis

ABL GROUP NORWAY AS: årsregnskap 2010 vs 2009

Grew 8% on revenue

approved 2011-05-31; registry 2011-09-05; journal 2011 702850

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ABL GROUP NORWAY AS. Revenue 23.14m NOK → 24.89m NOK (+7.6%). Equity 1.35m NOK → 1.53m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened.

Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ABL GROUP NORWAY AS.

Scorecard

Revenue
23.14m NOK 24.89m NOK
+7.6%
Operating result
+10.27m NOK +10.93m NOK
+6.4%
Net result
+7.27m NOK n/m
—
Equity
1.35m NOK 1.53m NOK
+13.5%
Cash
n/m 573.0k NOK
—
Total assets
13.51m NOK 15.34m NOK
+13.5%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 23.14m NOK to 24.89m NOK (+7.6% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +10.27m NOK → +10.93m NOK (op. margin 44.4% → 43.9%). Calculated

  • ↑

    Equity strengthened

    Book equity 1.35m NOK → 1.53m NOK (equity ratio 10.0% → 10.0%). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 1.34m NOK → 1.53m NOK (+190.4k NOK). Reported fact

Things to notice

  • ·

    Payroll increased

    Salary cost 7.58m NOK → 9.03m NOK (33% → 36% of revenue). Calculated

  • ·

    COGS fell

    COGS / varekostnad 2.65m NOK → 1.00m NOK (-62.3% YoY). Calculated