AGG INVEST AS: årsregnskap 2010 vs 2009
Grew 157% on revenue, weaker earnings
approved 2011-09-25; registry 2011-10-24; journal 2011 788391
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGG INVEST AS. Revenue 580.6k NOK → 1.49m NOK (+157.2%). Net result -113.3k NOK → -163.9k NOK. Equity -184.4k NOK → 11.7k NOK.
On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: operating result weakened; net result weakened.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGG INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 580.6k NOK to 1.49m NOK (+157.2% YoY). Calculated
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↑
Equity strengthened
Book equity -184.4k NOK → 11.7k NOK (equity ratio -8.7% → 0.5%). Calculated
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↑
Current ratio back above 1×
Current ratio 0.52× → 2.07×. Calculated
What deteriorated
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↓
Operating result weakened
Operating result -55.9k NOK → -154.7k NOK (op. margin -9.6% → -10.4%). Calculated
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↓
Net result weakened
Net result -113.3k NOK → -163.9k NOK (net margin -19.5% → -11.0%). Calculated
Things to notice
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·
Payroll increased
Salary cost 472.6k NOK → 534.5k NOK (81% → 36% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 631.5k NOK → 583.1k NOK (-7.7% YoY). Calculated