ABNOR AS: årsregnskap 2010 vs 2009
Grew 29% on revenue, stronger earnings
approved 2011-06-24; registry 2011-09-03; journal 2011 687241
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABNOR AS. Revenue 1.39m NOK → 1.79m NOK (+29.0%). Net result +573.3k NOK → +964.6k NOK. Equity 2.71m NOK → 3.67m NOK.
On the constructive side: revenue rose; net result improved; equity strengthened. Pressures included: operating result weakened.
Also worth watching: payroll increased. All figures are taken from the published annual accounts for ABNOR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.39m NOK to 1.79m NOK (+29.0% YoY). Calculated
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↑
Net result improved
Net result +573.3k NOK → +964.6k NOK (net margin 41.3% → 53.9%). Calculated
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↑
Equity strengthened
Book equity 2.71m NOK → 3.67m NOK (equity ratio 89.2% → 84.6%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +745.1k NOK → +239.0k NOK (op. margin 53.7% → 13.3%). Calculated
Things to notice
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·
Payroll increased
Salary cost 339.4k NOK → 414.8k NOK (24% → 23% of revenue). Calculated