FirmaIQ
Org.nr 986 130 535 2008 → 2009 Year-over-year analysis

AESOP AS: årsregnskap 2009 vs 2008

Shrank 35% on revenue, cash halved-plus

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AESOP AS. Revenue 8.65m NOK → 5.60m NOK (-35.2%). Net result +3 330 NOK → +3 972 NOK. Equity 427.3k NOK → 131.2k NOK.

On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded; cash fell.

Also worth watching: sharp cash drawdown. All figures are taken from the published annual accounts for AESOP AS.

At a glance

Scorecard

Revenue
8.65m NOK 5.60m NOK
-35.2%
Operating result
+3 675 NOK +5 407 NOK
+47.1%
Net result
+3 330 NOK +3 972 NOK
+19.3%
Equity
427.3k NOK 131.2k NOK
-69.3%
Cash
6.25m NOK 25.9k NOK
-99.6%
Total assets
259.9k NOK 132.8k NOK
-48.9%

What improved

  • ↑

    Operating result improved

    Operating result +3 675 NOK → +5 407 NOK (op. margin 0.0% → 0.1%). Calculated

  • ↑

    Payroll decreased

    Salary cost 205.4k NOK → 205 NOK (2% → 0% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.65m NOK to 5.60m NOK (-35.2% YoY). Calculated

  • ↓

    Equity eroded

    Book equity 427.3k NOK → 131.2k NOK (equity ratio 164.4% → 98.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 6.25m NOK → 25.9k NOK (-99.6% YoY). Calculated

Things to notice

  • ·

    Sharp cash drawdown

    Cash fell by more than 60% YoY (6.25m NOK → 25.9k NOK). Check whether funds moved to group receivables, investments, or operating burn. Interpretation