Org.nr 884 337 852 2009 → 2010 Year-over-year analysis

ACTIVE INNOVATION AS: årsregnskap 2010 vs 2009

Grew 19% on revenue, stronger earnings

approved 2011-05-30; registry 2011-08-22; journal 2011 614774

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for ACTIVE INNOVATION AS. Revenue 294.0k NOK → 350.2k NOK (+19.1%). Net result +127.8k NOK → +159.4k NOK. Equity 864.2k NOK → 723.5k NOK.

On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: equity eroded; current ratio dropped below 1×.

Mixed year — gains and pressures both show up.

Scorecard

Revenue
294.0k NOK 350.2k NOK
+19.1%
Operating result
+176.3k NOK +218.8k NOK
+24.1%
Net result
+127.8k NOK +159.4k NOK
+24.7%
Equity
864.2k NOK 723.5k NOK
-16.3%
Total assets
989.4k NOK 174.0k NOK
-82.4%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 294.0k NOK to 350.2k NOK (+19.1% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +176.3k NOK → +218.8k NOK (op. margin 60.0% → 62.5%). Calculated

  • ↑

    Net result improved

    Net result +127.8k NOK → +159.4k NOK (net margin 43.5% → 45.5%). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity 864.2k NOK → 723.5k NOK (equity ratio 87.3% → 415.8%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 7.90× → 0.39× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated