FirmaIQ
Org.nr 910 659 693 2008 → 2009 Year-over-year analysis

ACINI CAPITAL AS: årsregnskap 2009 vs 2008

Shrank 9% on revenue, returned to profit

approved 2010-06-23; registry 2010-06-28; journal 2010 461135

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACINI CAPITAL AS. Revenue 19.48m NOK → 17.79m NOK (-8.7%). Net result -55.84m NOK → +12.72m NOK. Equity 46.15m NOK → 56.87m NOK.

On the constructive side: turned profitable; equity strengthened. Pressures included: revenue fell; operating result weakened; payroll up without matching revenue.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for ACINI CAPITAL AS.

At a glance

Scorecard

Revenue
19.48m NOK 17.79m NOK
-8.7%
Operating result
+3.81m NOK -1.79m NOK
-147.1%
Net result
-55.84m NOK +12.72m NOK
+122.8%
Equity
46.15m NOK 56.87m NOK
+23.2%
Total assets
63.99m NOK 66.99m NOK
+4.7%

What improved

  • ↑

    Turned profitable

    Net result flipped from a loss of 55.84m NOK to a profit of 12.72m NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 46.15m NOK → 56.87m NOK (equity ratio 72.1% → 84.9%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 19.48m NOK to 17.79m NOK (-8.7% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +3.81m NOK → -1.79m NOK (op. margin 19.5% → -10.1%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 2 NOK → 2.89m NOK (0% → 16% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.62m NOK → 13.30m NOK (-2.4% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 15.79m NOK → 4 NOK. Reported fact