FirmaIQ
Org.nr 988 605 042 2008 → 2009 Year-over-year analysis

AESSEAL NORDIC AS: årsregnskap 2009 vs 2008

Shrank 40% on revenue, returned to profit

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AESSEAL NORDIC AS. Revenue 8.58m NOK → 5.14m NOK (-40.1%). Net result -2.46m NOK → +244.4k NOK. Equity 441.3k NOK → 685.8k NOK.

On the constructive side: operating result improved; turned profitable; equity strengthened. Pressures included: revenue fell.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AESSEAL NORDIC AS.

At a glance

Scorecard

Revenue
8.58m NOK 5.14m NOK
-40.1%
Operating result
-2.52m NOK +255.3k NOK
+110.1%
Net result
-2.46m NOK +244.4k NOK
+109.9%
Equity
441.3k NOK 685.8k NOK
+55.4%
Total assets
4.32m NOK 2.72m NOK
-36.9%

What improved

  • ↑

    Operating result improved

    Operating result -2.52m NOK → +255.3k NOK (op. margin -29.4% → 5.0%). Calculated

  • ↑

    Turned profitable

    Net result flipped from a loss of 2.46m NOK to a profit of 244.4k NOK. Calculated

  • ↑

    Equity strengthened

    Book equity 441.3k NOK → 685.8k NOK (equity ratio 10.2% → 25.2%). Calculated

  • ↑

    Payroll decreased

    Salary cost 2.73m NOK → 1.95m NOK (32% → 38% of revenue). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 8.58m NOK to 5.14m NOK (-40.1% YoY). Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 4.82m NOK → 220.3k NOK (-95.4% YoY). Calculated