FirmaIQ
Org.nr 985 400 792 2009 → 2010 Year-over-year analysis

ACRYLICON ROGALAND AS: årsregnskap 2010 vs 2009

Shrank 11% on revenue, weaker earnings

approved 2011-05-30; registry 2011-06-30; journal 2011 460987

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for ACRYLICON ROGALAND AS. Revenue 20.07m NOK → 17.96m NOK (-10.5%). Net result +404.6k NOK → +170.2k NOK. Equity 3.08m NOK → 3.25m NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for ACRYLICON ROGALAND AS.

At a glance

Scorecard

Revenue
20.07m NOK 17.96m NOK
-10.5%
Operating result
+885.9k NOK +240.2k NOK
-72.9%
Net result
+404.6k NOK +170.2k NOK
-57.9%
Equity
3.08m NOK 3.25m NOK
+5.5%
Total assets
5.62m NOK 6.14m NOK
+9.4%

What improved

  • ↑

    Equity strengthened

    Book equity 3.08m NOK → 3.25m NOK (equity ratio 54.9% → 53.0%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 20.07m NOK to 17.96m NOK (-10.5% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +885.9k NOK → +240.2k NOK (op. margin 4.4% → 1.3%). Calculated

  • ↓

    Net result weakened

    Net result +404.6k NOK → +170.2k NOK (net margin 2.0% → 0.9%). Calculated

  • ↓

    Payroll up without matching revenue

    Salary cost 5.34m NOK → 5.72m NOK (27% → 32% of revenue). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 339.6k NOK → 974.5k NOK. Reported fact