FirmaIQ
Org.nr 938 364 052 2008 → 2009 Year-over-year analysis

AEBI SCHMIDT NORGE AS: årsregnskap 2009 vs 2008

Shrank 22% on revenue, stronger earnings

approved 2010-03-25; registry 2010-07-19; journal 2010 519204

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AEBI SCHMIDT NORGE AS. Revenue 49.07m NOK → 38.16m NOK (-22.2%). Net result +35.1k NOK → +4.68m NOK. Equity 21.99m NOK → 16.67m NOK.

On the constructive side: net result improved; cash rose; current ratio back above 1×. Pressures included: revenue fell; operating result weakened; equity eroded.

Also worth watching: cogs fell; book investments changed. All figures are taken from the published annual accounts for AEBI SCHMIDT NORGE AS.

At a glance

Scorecard

Revenue
49.07m NOK 38.16m NOK
-22.2%
Operating result
+8.10m NOK +4.35m NOK
-46.4%
Net result
+35.1k NOK +4.68m NOK
+13220.9%
Equity
21.99m NOK 16.67m NOK
-24.2%
Cash
1.27m NOK 3.22m NOK
+153.6%
Total assets
66.34m NOK 25.72m NOK
-61.2%

What improved

  • ↑

    Net result improved

    Net result +35.1k NOK → +4.68m NOK (net margin 0.1% → 12.3%). Calculated

  • ↑

    Cash rose

    Bank deposits 1.27m NOK → 3.22m NOK (+153.6% YoY). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.32× → 2.05×. Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 49.07m NOK to 38.16m NOK (-22.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +8.10m NOK → +4.35m NOK (op. margin 16.5% → 11.4%). Calculated

  • ↓

    Equity eroded

    Book equity 21.99m NOK → 16.67m NOK (equity ratio 33.1% → 64.8%). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 31.88m NOK → 25.47m NOK (-20.1% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 50.0k NOK → 5.82m NOK. Reported fact