Org.nr 938 702 675 2009 → 2010 Year-over-year analysis

AF GRUPPEN ASA: årsregnskap 2010 vs 2009

Shrank 100% on revenue

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AF GRUPPEN ASA. Revenue 4.40m NOK → 405 NOK (-100.0%). Equity 182.5k NOK → 116.2k NOK.

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

Also worth watching: book investments changed. All figures are taken from the published annual accounts for AF GRUPPEN ASA.

At a glance

Revenue

4.40m NOK 405 NOK

-100.0%

Operating result

-2 257 NOK +50.4k NOK

+2331.7%

Net result

+43.8k NOK n/m

—

Equity

182.5k NOK 116.2k NOK

-36.3%

Total assets

559.6k NOK 723 NOK

-99.9%

↑
Operating result improved

Operating result -2 257 NOK → +50.4k NOK (op. margin -0.1% → 12436.8%). Calculated
↑
Payroll decreased

Salary cost 12.1k NOK → 4 132 NOK (0% → 1020% of revenue). Calculated

↓
Revenue fell

Operating income / revenue moved from 4.40m NOK to 405 NOK (-100.0% YoY). Calculated
↓
Equity eroded

Book equity 182.5k NOK → 116.2k NOK (equity ratio 32.6% → 16069.4%). Calculated

·
Book investments changed

Investment / intangible book value 380.2k NOK → 382 NOK. Reported fact