AGRODRIFT AS: årsregnskap 2009 vs 2008
Grew 16% on revenue, weaker earnings
approved 2010-06-30; registry 2010-07-08; journal 2010 490073
Summary
What changed
Comparing Årsregnskap 2009 with 2008 for AGRODRIFT AS. Revenue 1.47m NOK → 1.71m NOK (+15.9%). Net result +20.3k NOK → +12 NOK. Equity 235.8k NOK → 161.2k NOK.
On the constructive side: revenue rose. Pressures included: net result weakened; equity eroded.
Also worth watching: payroll increased; cogs moved; book investments changed. All figures are taken from the published annual accounts for AGRODRIFT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1.47m NOK to 1.71m NOK (+15.9% YoY). Calculated
What deteriorated
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↓
Net result weakened
Net result +20.3k NOK → +12 NOK (net margin 1.4% → 0.0%). Calculated
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↓
Equity eroded
Book equity 235.8k NOK → 161.2k NOK (equity ratio 17.7% → 12.4%). Calculated
Things to notice
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·
Payroll increased
Salary cost 77.3k NOK → 83.1k NOK (5% → 5% of revenue). Calculated
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·
COGS moved
COGS / varekostnad 346.4k NOK → 529.4k NOK (+52.8% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 17.3k NOK → 53.4k NOK. Reported fact