AGK INVEST AS: årsregnskap 2010 vs 2009
Grew 822% on revenue, weaker earnings, cash halved-plus
approved 2011-05-20; registry 2011-06-09; journal 2011 390860
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGK INVEST AS. Revenue 441.0k NOK → 4.07m NOK (+822.0%). Net result +2440.99bn NOK → +443.1k NOK. Equity 485.4k NOK → 928.6k NOK.
On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: net result weakened; cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for AGK INVEST AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 441.0k NOK to 4.07m NOK (+822.0% YoY). Calculated
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↑
Operating result improved
Operating result +605.1k NOK → +625.5k NOK (op. margin 137.2% → 15.4%). Calculated
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↑
Equity strengthened
Book equity 485.4k NOK → 928.6k NOK (equity ratio 87.1% → 32.0%). Calculated
What deteriorated
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↓
Net result weakened
Net result +2440.99bn NOK → +443.1k NOK (net margin 553526170.0% → 10.9%). Calculated
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↓
Cash fell
Bank deposits 507.0k NOK → 86.3k NOK (-83.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 834.7k NOK → 1.45m NOK (189% → 36% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 528.6k NOK → 332.8k NOK (-37.0% YoY). Calculated