FirmaIQ
Org.nr 980 093 344 2008 → 2009 Year-over-year analysis

AE FROGNER AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-17; registry 2010-09-04; journal 2010 703230

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AE FROGNER AS. Revenue 577.5k NOK → 602.2k NOK (+4.3%). Equity -681.2k NOK → -794.9k NOK.

On the constructive side: revenue rose. Pressures included: equity eroded.

Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for AE FROGNER AS.

At a glance

Scorecard

Revenue
577.5k NOK 602.2k NOK
+4.3%
Equity
-681.2k NOK -794.9k NOK
-16.7%
Total assets
2.44m NOK 2.30m NOK
-5.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 577.5k NOK to 602.2k NOK (+4.3% YoY). Calculated

What deteriorated

  • ↓

    Equity eroded

    Book equity -681.2k NOK → -794.9k NOK (equity ratio -27.9% → -34.5%). Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -34.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    Payroll increased

    Salary cost 66.5k NOK → 82.9k NOK (12% → 14% of revenue). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 000 NOK → 10.0k NOK. Reported fact