ACTIV DRIFT AS: årsregnskap 2010 vs 2009
Grew 8% on revenue, weaker earnings, cash halved-plus
approved 2011-06-30; registry 2011-09-24; journal 2011 771966
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for ACTIV DRIFT AS. Revenue 13.69m NOK → 14.77m NOK (+7.9%). Net result +532.1k NOK → +223.3k NOK. Equity 55.7k NOK → 5.28m 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. All figures are taken from the published annual accounts for ACTIV DRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 13.69m NOK to 14.77m NOK (+7.9% YoY). Calculated
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↑
Equity strengthened
Book equity 55.7k NOK → 5.28m NOK (equity ratio 3.0% → 351.8%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +756.8k NOK → +345.7k NOK (op. margin 5.5% → 2.3%). Calculated
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↓
Net result weakened
Net result +532.1k NOK → +223.3k NOK (net margin 3.9% → 1.5%). Calculated
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↓
Cash fell
Bank deposits 548.9k NOK → 103.5k NOK (-81.2% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 4.38m NOK → 4.45m NOK (32% → 30% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 4.80m NOK → 5.46m NOK (+13.7% YoY). Calculated