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Org.nr 968 833 073 2009 → 2010 Year-over-year analysis

ACRYLICON NORD-NORGE AS: årsregnskap 2010 vs 2009

Shrank 25% on revenue, stronger earnings

approved 2011-06-01; registry 2011-08-30; journal 2011 653107

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACRYLICON NORD-NORGE AS. Revenue 31.47m NOK → 23.54m NOK (-25.2%). Net result +2 NOK → +97.2k NOK. Equity 4.14m NOK → 3.80m NOK.

On the constructive side: net result improved. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ACRYLICON NORD-NORGE AS.

At a glance

Scorecard

Revenue
31.47m NOK 23.54m NOK
-25.2%
Operating result
+2.85m NOK +510.2k NOK
-82.1%
Net result
+2 NOK +97.2k NOK
+4861600.0%
Equity
4.14m NOK 3.80m NOK
-8.3%
Total assets
16.54m NOK 14.48m NOK
-12.4%

What improved

  • ↑

    Net result improved

    Net result +2 NOK → +97.2k NOK (net margin 0.0% → 0.4%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 31.47m NOK to 23.54m NOK (-25.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +2.85m NOK → +510.2k NOK (op. margin 9.1% → 2.2%). Calculated

  • ↓

    Equity eroded

    Book equity 4.14m NOK → 3.80m NOK (equity ratio 25.1% → 26.2%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 1.05× → 0.98× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 14.81m NOK → 10.27m NOK (-30.7% YoY). Calculated