AE INVESTMENTS AS: årsregnskap 2010 vs 2009
Shrank 31% on revenue, weaker earnings
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AE INVESTMENTS AS. Revenue 71.82m NOK → 49.87m NOK (-30.6%). Net result +4.86m NOK → +636.3k NOK. Equity 11.07m NOK → 10.21m NOK.
Pressures included: revenue fell; operating result weakened; net result weakened.
Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AE INVESTMENTS AS.
At a glance
Scorecard
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 71.82m NOK to 49.87m NOK (-30.6% YoY). Calculated
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↓
Operating result weakened
Operating result -17.5k NOK → -20.0k NOK (op. margin -0.0% → -0.0%). Calculated
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↓
Net result weakened
Net result +4.86m NOK → +636.3k NOK (net margin 6.8% → 1.3%). Calculated
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↓
Equity eroded
Book equity 11.07m NOK → 10.21m NOK (equity ratio 80.7% → 86.6%). Calculated
Things to notice
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·
COGS fell
COGS / varekostnad 23.46m NOK → 13.60m NOK (-42.0% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 7.10m NOK → 64.1k NOK. Reported fact