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Org.nr 976 134 257 2009 → 2010 Year-over-year analysis

ACO NORWAY AS: årsregnskap 2010 vs 2009

Weaker earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACO NORWAY AS. Revenue 124.27m NOK → 129.40m NOK (+4.1%). Net result +6.07m NOK → +2.46m NOK. Equity 27.13m NOK → 29.59m NOK.

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

Also worth watching: cogs moved. All figures are taken from the published annual accounts for ACO NORWAY AS.

At a glance

Scorecard

Revenue
124.27m NOK 129.40m NOK
+4.1%
Operating result
+6.99m NOK +5.66m NOK
-19.1%
Net result
+6.07m NOK +2.46m NOK
-59.5%
Equity
27.13m NOK 29.59m NOK
+9.1%
Cash
n/m 19.52m NOK
—
Total assets
60.06m NOK 48.88m NOK
-18.6%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 124.27m NOK to 129.40m NOK (+4.1% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 27.13m NOK → 29.59m NOK (equity ratio 45.2% → 60.5%). Calculated

  • ↑

    Payroll decreased

    Salary cost 8.96m NOK → 8.65m NOK (7% → 7% of revenue). Calculated

What deteriorated

  • ↓

    Operating result weakened

    Operating result +6.99m NOK → +5.66m NOK (op. margin 5.6% → 4.4%). Calculated

  • ↓

    Net result weakened

    Net result +6.07m NOK → +2.46m NOK (net margin 4.9% → 1.9%). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 60.10m NOK → 60.61m NOK (+0.8% YoY). Calculated