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Org.nr 910 659 693 2009 → 2010 Year-over-year analysis

ACINI CAPITAL AS: årsregnskap 2010 vs 2009

Shrank 17% on revenue, slipped into loss

approved 2011-04-06; registry 2011-04-11; journal 2011 335861

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACINI CAPITAL AS. Revenue 17.79m NOK → 14.84m NOK (-16.5%). Net result +12.72m NOK → -844.5k NOK. Equity 56.87m NOK → 54.02m NOK.

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

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

At a glance

Scorecard

Revenue
17.79m NOK 14.84m NOK
-16.5%
Operating result
-1.79m NOK +2.75m NOK
+253.5%
Net result
+12.72m NOK -844.5k NOK
-106.6%
Equity
56.87m NOK 54.02m NOK
-5.0%
Total assets
66.99m NOK 59.35m NOK
-11.4%

What improved

  • ↑

    Operating result improved

    Operating result -1.79m NOK → +2.75m NOK (op. margin -10.1% → 18.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.89m NOK → 371.1k NOK (16% → 3% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 17.79m NOK to 14.84m NOK (-16.5% YoY). Calculated

  • ↓

    Fell into a net loss

    Net result flipped from 12.72m NOK profit to a loss of 844.5k NOK. Calculated

  • ↓

    Equity eroded

    Book equity 56.87m NOK → 54.02m NOK (equity ratio 84.9% → 91.0%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 13.30m NOK → 9.91m NOK (-25.5% YoY). Calculated