AGLEN & SLYNGSTADLI AS: årsregnskap 2010 vs 2009
Shrank 30% on revenue
approved 2011-10-14; registry 2011-10-25; journal 2011 789431
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for AGLEN & SLYNGSTADLI AS. Revenue 8.83m NOK → 6.14m NOK (-30.5%). Equity -154.0k NOK → -547.9k NOK.
On the constructive side: operating result improved; payroll decreased. Pressures included: revenue fell; equity eroded.
Also worth watching: thin equity buffer; cogs fell. All figures are taken from the published annual accounts for AGLEN & SLYNGSTADLI AS.
At a glance
Scorecard
What improved
-
↑
Operating result improved
Operating result -980.9k NOK → -116.5k NOK (op. margin -11.1% → -1.9%). Calculated
-
↑
Payroll decreased
Salary cost 2.71m NOK → 1.77m NOK (31% → 29% of revenue). Calculated
What deteriorated
-
↓
Revenue fell
Operating income / revenue moved from 8.83m NOK to 6.14m NOK (-30.5% YoY). Calculated
-
↓
Equity eroded
Book equity -154.0k NOK → -547.9k NOK (equity ratio -6.0% → -28.5%). Calculated
Things to notice
-
·
Thin equity buffer
Equity ratio is -28.5% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
-
·
COGS fell
COGS / varekostnad 3.14m NOK → 2.09m NOK (-33.4% YoY). Calculated