Org.nr 987 056 118 2009 → 2010 Year-over-year analysis

AGERA EIENDOM AS: årsregnskap 2010 vs 2009

Shrank 99% on revenue, weaker earnings, cash halved-plus

approved 2011-06-30; registry 2011-08-27; journal 2011 644830

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2010 with 2009 for AGERA EIENDOM AS. Revenue 24.15m NOK → 227.7k NOK (-99.1%). Net result +968.6k NOK → +728.1k NOK. Equity 4.81m NOK → 4.08m NOK.

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

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

Scorecard

Revenue
24.15m NOK 227.7k NOK
-99.1%
Operating result
+230.1k NOK +292.8k NOK
+27.3%
Net result
+968.6k NOK +728.1k NOK
-24.8%
Equity
4.81m NOK 4.08m NOK
-15.1%
Cash
564.0k NOK 64.8k NOK
-88.5%
Total assets
10.35m NOK 10.51m NOK
+1.6%

What improved

  • ↑

    Operating result improved

    Operating result +230.1k NOK → +292.8k NOK (op. margin 1.0% → 128.6%). Calculated

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 24.15m NOK to 227.7k NOK (-99.1% YoY). Calculated

  • ↓

    Net result weakened

    Net result +968.6k NOK → +728.1k NOK (net margin 4.0% → 319.8%). Calculated

  • ↓

    Equity eroded

    Book equity 4.81m NOK → 4.08m NOK (equity ratio 46.5% → 38.8%). Calculated

  • ↓

    Cash fell

    Bank deposits 564.0k NOK → 64.8k NOK (-88.5% YoY). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.45× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    COGS fell

    COGS / varekostnad 22.79m NOK → 7.53m NOK (-67.0% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 0 NOK → 6 275 NOK. Reported fact