Org.nr 991 449 191 2008 → 2009 Year-over-year analysis

AGLEN & SLYNGSTADLI AS: årsregnskap 2009 vs 2008

Grew 137% on revenue, fresh owner capital

approved 2010-11-24; registry 2010-11-29; journal 2010 789404

Full company analysis · All year comparisons

What changed

Comparing Årsregnskap 2009 with 2008 for AGLEN & SLYNGSTADLI AS. Revenue 3.73m NOK → 8.83m NOK (+136.7%). Equity 975.1k NOK → -154.0k NOK.

On the constructive side: revenue rose; owners injected capital. Pressures included: equity eroded; current ratio dropped below 1×.

Also worth watching: thin equity buffer; cogs moved. All figures are taken from the published annual accounts for AGLEN & SLYNGSTADLI AS.

Scorecard

Revenue
3.73m NOK 8.83m NOK
+136.7%
Operating result
n/m -980.9k NOK
—
Equity
975.1k NOK -154.0k NOK
-115.8%
Total assets
4.72m NOK 2.56m NOK
-45.8%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 3.73m NOK to 8.83m NOK (+136.7% YoY). Calculated

  • ↑

    Owners injected capital

    Paid-in equity rose 500 NOK → 500.0k NOK (+499.5k NOK). Reported fact

What deteriorated

  • ↓

    Equity eroded

    Book equity 975.1k NOK → -154.0k NOK (equity ratio 20.7% → -6.0%). Calculated

  • ↓

    Current ratio dropped below 1×

    Current ratio 2.36× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated

Things to notice

  • ·

    Thin equity buffer

    Equity ratio is -6.0% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation

  • ·

    COGS moved

    COGS / varekostnad 309.5k NOK → 3.14m NOK (+914.0% YoY). Calculated