Org.nr 912 240 207 2008 → 2009 Year-over-year analysis

AGNAR HAGEN AS: årsregnskap 2009 vs 2008

Mixed movements in the accounts

approved 2010-06-18; registry 2010-08-18; journal 2010 599031

Summary

What changed

Comparing Årsregnskap 2009 with 2008 for AGNAR HAGEN AS. Revenue 26.77m NOK → 27.70m NOK (+3.5%). Equity 3.80m NOK → 4.88m NOK.

On the constructive side: revenue rose; operating result improved; equity strengthened. Pressures included: current ratio dropped below 1×.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for AGNAR HAGEN AS.

At a glance

Revenue

26.77m NOK 27.70m NOK

+3.5%

Operating result

+1.80m NOK +1.84m NOK

+2.6%

Net result

+951.6k NOK n/m

—

Equity

3.80m NOK 4.88m NOK

+28.5%

Cash

229.1k NOK 459.5k NOK

+100.6%

Total assets

16.89m NOK 17.29m NOK

+2.4%

↑
Revenue rose

Operating income / revenue moved from 26.77m NOK to 27.70m NOK (+3.5% YoY). Calculated
↑
Operating result improved

Operating result +1.80m NOK → +1.84m NOK (op. margin 6.7% → 6.7%). Calculated
↑
Equity strengthened

Book equity 3.80m NOK → 4.88m NOK (equity ratio 22.5% → 28.2%). Calculated
↑
Cash rose

Bank deposits 229.1k NOK → 459.5k NOK (+100.6% YoY). Calculated
↑
Payroll decreased

Salary cost 6.56m NOK → 6.38m NOK (25% → 23% of revenue). Calculated

↓
Current ratio dropped below 1×

Current ratio 1.21× → 0.04× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated