Org.nr 939 778 241 2008 → 2009 Year-over-year analysis

ACR elektro AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-04-12; registry 2010-04-26

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACR elektro AS. Revenue 20.74m NOK → 20.18m NOK (-2.7%). Equity 2.77m NOK → 3.49m NOK.

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

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

At a glance

Revenue

20.74m NOK 20.18m NOK

-2.7%

Operating result

+1.91m NOK +3.02m NOK

+58.1%

Equity

2.77m NOK 3.49m NOK

+25.8%

Total assets

7.74m NOK 10.95m NOK

+41.5%

↑
Operating result improved

Operating result +1.91m NOK → +3.02m NOK (op. margin 9.2% → 15.0%). Calculated
↑
Equity strengthened

Book equity 2.77m NOK → 3.49m NOK (equity ratio 35.8% → 31.9%). Calculated

↓
Revenue fell

Operating income / revenue moved from 20.74m NOK to 20.18m NOK (-2.7% YoY). Calculated
↓
Payroll up without matching revenue

Salary cost 6.75m NOK → 8.17m NOK (33% → 40% of revenue). Calculated