Org.nr 989 781 707 2009 → 2010 Year-over-year analysis

ACNE NORWAY AS: årsregnskap 2010 vs 2009

Grew 48% on revenue

approved 2011-03-20; registry 2011-08-27; journal 2011 638820

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ACNE NORWAY AS. Revenue 15.42m NOK → 22.80m NOK (+47.8%). Equity 329.8k NOK → 464.7k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: thin equity buffer; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACNE NORWAY AS.

Scorecard

Revenue
15.42m NOK 22.80m NOK
+47.8%
Operating result
+154.2k NOK n/m
—
Net result
+42.4k NOK n/m
—
Equity
329.8k NOK 464.7k NOK
+40.9%
Cash
621.5k NOK 904.5k NOK
+45.5%
Total assets
8.09m NOK 14.07m NOK
+74.0%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 15.42m NOK to 22.80m NOK (+47.8% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 329.8k NOK → 464.7k NOK (equity ratio 4.1% → 3.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 621.5k NOK → 904.5k NOK (+45.5% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.88× → 1.06×. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is 3.3% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 7.41m NOK → 9.47m NOK (+27.8% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 425.0k NOK → 281.0k NOK. Reported fact