AF GRUPPEN ASA: årsregnskap 2009 vs 2008
Shrank 26% on revenue, returned to profit, fresh owner capital
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AF GRUPPEN ASA. Revenue 5.92m NOK → 4.40m NOK (-25.6%). Net result -11.9k NOK → +43.8k NOK. Equity 10.54m NOK → 182.5k NOK.
On the constructive side: turned profitable; owners injected capital. Pressures included: revenue fell; operating result weakened; equity eroded.
Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.
At a glance
Scorecard
What improved
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↑
Turned profitable
Net result flipped from a loss of 11.9k NOK to a profit of 43.8k NOK. Calculated
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↑
Owners injected capital
Paid-in equity rose 26.5k NOK → 39.7k NOK (+13.2k NOK). Reported fact
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 5.92m NOK to 4.40m NOK (-25.6% YoY). Calculated
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↓
Operating result weakened
Operating result -2 021 NOK → -2 257 NOK (op. margin -0.0% → -0.1%). Calculated
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↓
Equity eroded
Book equity 10.54m NOK → 182.5k NOK (equity ratio 1211.2% → 32.6%). Calculated
Things to notice
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·
Book investments changed
Investment / intangible book value 356.8k NOK → 380.2k NOK. Reported fact