ABO BYGG AS: årsregnskap 2010 vs 2009
Weaker earnings
approved 2011-06-16; registry 2011-08-31; journal 2011 664619
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABO BYGG AS. Revenue 5.84m NOK → 6.07m NOK (+4.0%). Net result +964.5k NOK → +646.3k NOK. Equity 972.9k NOK → 326.6k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for ABO BYGG AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.84m NOK to 6.07m NOK (+4.0% YoY). Calculated
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↑
Cash rose
Bank deposits 226.4k NOK → 1.00m NOK (+342.4% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.04m NOK → +652.1k NOK (op. margin 17.8% → 10.7%). Calculated
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↓
Net result weakened
Net result +964.5k NOK → +646.3k NOK (net margin 16.5% → 10.6%). Calculated
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↓
Equity eroded
Book equity 972.9k NOK → 326.6k NOK (equity ratio 29.7% → 10.8%). Calculated
Things to notice
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·
Payroll increased
Salary cost 1.92m NOK → 3.22m NOK (33% → 53% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 47.0k NOK → 110.1k NOK (+134.3% YoY). Calculated