FirmaIQ
Org.nr 923 545 921 2009 → 2010 Year-over-year analysis

AGGREKO NORWAY AS: årsregnskap 2010 vs 2009

Grew 9% on revenue, weaker earnings

approved 2011-03-25; registry 2011-04-28; journal 2011 347955

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2010 with 2009 for AGGREKO NORWAY AS. Revenue 56.31m NOK → 61.50m NOK (+9.2%). Net result +7.58m NOK → +3.10m NOK. Equity 30.15m NOK → 33.25m NOK.

On the constructive side: revenue rose; equity strengthened; current ratio back above 1×. Pressures included: net result weakened.

Also worth watching: payroll increased; cogs moved. All figures are taken from the published annual accounts for AGGREKO NORWAY AS.

At a glance

Scorecard

Revenue
56.31m NOK 61.50m NOK
+9.2%
Net result
+7.58m NOK +3.10m NOK
-59.1%
Equity
30.15m NOK 33.25m NOK
+10.3%
Total assets
51.83m NOK 44.92m NOK
-13.3%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 56.31m NOK to 61.50m NOK (+9.2% YoY). Calculated

  • ↑

    Equity strengthened

    Book equity 30.15m NOK → 33.25m NOK (equity ratio 58.2% → 74.0%). Calculated

  • ↑

    Current ratio back above 1×

    Current ratio 0.87× → 1.16×. Calculated

What deteriorated

  • ↓

    Net result weakened

    Net result +7.58m NOK → +3.10m NOK (net margin 13.5% → 5.0%). Calculated

Things to notice

  • ·

    Payroll increased

    Salary cost 9.64m NOK → 9.99m NOK (17% → 16% of revenue). Calculated

  • ·

    COGS moved

    COGS / varekostnad 14.10m NOK → 18.37m NOK (+30.3% YoY). Calculated