FirmaIQ
Org.nr 990 067 686 2009 → 2010 Year-over-year analysis

ACCRETION AS: årsregnskap 2010 vs 2009

Shrank 8% on revenue, cash halved-plus

approved 2011-05-03; registry 2011-08-27; journal 2011 645224

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACCRETION AS. Revenue 1.70m NOK → 1.56m NOK (-7.9%). Net result +716.5k NOK → +631.7k NOK. Equity 2.71m NOK → 3.34m NOK.

On the constructive side: equity strengthened. Pressures included: revenue fell; operating result weakened; net result weakened.

Net tougher year on the published lines.

At a glance

Scorecard

Revenue
1.70m NOK 1.56m NOK
-7.9%
Operating result
+902.2k NOK +739.2k NOK
-18.1%
Net result
+716.5k NOK +631.7k NOK
-11.8%
Equity
2.71m NOK 3.34m NOK
+23.3%
Cash
578.5k NOK 268.7k NOK
-53.6%
Total assets
3.20m NOK 3.77m NOK
+18.1%

What improved

  • ↑

    Equity strengthened

    Book equity 2.71m NOK → 3.34m NOK (equity ratio 84.8% → 88.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 1.70m NOK to 1.56m NOK (-7.9% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +902.2k NOK → +739.2k NOK (op. margin 53.1% → 47.2%). Calculated

  • ↓

    Net result weakened

    Net result +716.5k NOK → +631.7k NOK (net margin 42.2% → 40.4%). Calculated

  • ↓

    Cash fell

    Bank deposits 578.5k NOK → 268.7k NOK (-53.6% YoY). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 721.2k NOK → 5.72m NOK (42% → 366% of revenue). Calculated