ACRYLICON MIDT- OG VEST- NORGE AS: årsregnskap 2009 vs 2008
Grew 6% on revenue, weaker earnings
approved 2010-03-25; registry 2010-08-02; journal 2010 564824
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for ACRYLICON MIDT- OG VEST- NORGE AS. Revenue 22.06m NOK → 23.49m NOK (+6.5%). Net result +637.6k NOK → +235.6k NOK. Equity 2.29m NOK → 2.53m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for ACRYLICON MIDT- OG VEST- NORGE AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 22.06m NOK to 23.49m NOK (+6.5% YoY). Calculated
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↑
Equity strengthened
Book equity 2.29m NOK → 2.53m NOK (equity ratio 37.7% → 33.7%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +868.4k NOK → +567.4k NOK (op. margin 3.9% → 2.4%). Calculated
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↓
Net result weakened
Net result +637.6k NOK → +235.6k NOK (net margin 2.9% → 1.0%). Calculated
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↓
Cash fell
Bank deposits 459.8k NOK → 335.8k NOK (-27.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 7.52m NOK → 7.83m NOK (34% → 33% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 8.74m NOK → 10.35m NOK (+18.5% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 400.0k NOK → 119.0k NOK. Reported fact