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Org.nr 964 198 950 2008 → 2009 Year-over-year analysis

ACRYLICON NORGE AS: årsregnskap 2009 vs 2008

Shrank 13% on revenue, stronger earnings

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for ACRYLICON NORGE AS. Revenue 37.65m NOK → 32.84m NOK (-12.8%). Net result +4 118 NOK → +3.18m NOK. Equity 5.17m NOK → 8.00m NOK.

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

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

At a glance

Scorecard

Revenue
37.65m NOK 32.84m NOK
-12.8%
Operating result
+6.64m NOK +4.44m NOK
-33.1%
Net result
+4 118 NOK +3.18m NOK
+77187.3%
Equity
5.17m NOK 8.00m NOK
+54.6%
Cash
608.3k NOK 1.99m NOK
+227.7%
Total assets
18.59m NOK 19.57m NOK
+5.3%

What improved

  • ↑

    Net result improved

    Net result +4 118 NOK → +3.18m NOK (net margin 0.0% → 9.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 5.17m NOK → 8.00m NOK (equity ratio 27.8% → 40.9%). Calculated

  • ↑

    Cash rose

    Bank deposits 608.3k NOK → 1.99m NOK (+227.7% YoY). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 37.65m NOK to 32.84m NOK (-12.8% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +6.64m NOK → +4.44m NOK (op. margin 17.6% → 13.5%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 1.41m NOK → 2.34m NOK (4% → 7% of revenue). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 22.76m NOK → 19.63m NOK (-13.8% YoY). Calculated