ABUS ENTREPRENØR AS: årsregnskap 2010 vs 2009
Grew 12% on revenue, weaker earnings
approved 2011-06-27; registry 2011-07-02; journal 2011 467388
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ABUS ENTREPRENØR AS. Revenue 5.65m NOK → 6.31m NOK (+11.6%). Net result +771.2k NOK → +357.9k NOK. Equity 3.09m NOK → 3.45m NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABUS ENTREPRENØR AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 5.65m NOK to 6.31m NOK (+11.6% YoY). Calculated
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↑
Operating result improved
Operating result +29.9k NOK → +454.3k NOK (op. margin 0.5% → 7.2%). Calculated
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↑
Equity strengthened
Book equity 3.09m NOK → 3.45m NOK (equity ratio 75.7% → 78.3%). Calculated
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↑
Payroll decreased
Salary cost 1.53m NOK → 1.48m NOK (27% → 23% of revenue). Calculated
What deteriorated
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↓
Net result weakened
Net result +771.2k NOK → +357.9k NOK (net margin 13.6% → 5.7%). Calculated
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↓
Cash fell
Bank deposits 1.99m NOK → 1.86m NOK (-6.6% YoY). Calculated
Things to notice
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·
COGS moved
COGS / varekostnad 1.76m NOK → 2.74m NOK (+55.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 4.88m NOK → 884.6k NOK. Reported fact