Org.nr 957 997 392 2009 → 2010 Year-over-year analysis

ACHILLES FINANS AS: årsregnskap 2010 vs 2009

Grew 147% on revenue, slipped into loss

approved 2011-06-30; registry 2011-08-25; journal 2011 637002

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ACHILLES FINANS AS. Revenue 122.2k NOK → 302.3k NOK (+147.3%). Net result +5.97m NOK → -992.1k NOK. Equity 9.74m NOK → 8.75m NOK.

On the constructive side: revenue rose; operating result improved; payroll decreased. Pressures included: fell into a net loss; equity eroded.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
122.2k NOK 302.3k NOK
+147.3%
Operating result
-713.7k NOK -403.6k NOK
+43.4%
Net result
+5.97m NOK -992.1k NOK
-116.6%
Equity
9.74m NOK 8.75m NOK
-10.2%
Total assets
31.03m NOK 21.83m NOK
-29.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 122.2k NOK to 302.3k NOK (+147.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result -713.7k NOK → -403.6k NOK (op. margin -583.8% → -133.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 700.8k NOK → 573.4k NOK (573% → 190% of revenue). Calculated

What deteriorated

  • ↓

    Fell into a net loss

    Net result flipped from 5.97m NOK profit to a loss of 992.1k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 9.74m NOK → 8.75m NOK (equity ratio 31.4% → 40.1%). Calculated